about to announce a 60c deal, page-66

Just wondering.. Does anyone remember when Naude first said he'd make a bid there was media speculation that he could only mount a bid at 60 odd cents. I wonder of all the shorting etc has just played into his hands.

Given 60 cents is already a 50% loss I'd rather wait and see if the turn around works. It would also be nice if management clearly outlined the lease liabilities. Because at this stage the debt does not appear unmanagable