Sorry Peradeniya
I wasn't looking at the broader picture it is possible part of the takeover when Toro first acquired it they may have said it will cost $50m with a deposit of $11m to keep the 35% option open. I haven't seen any doc's to see this but it is a possibility that can't be ruled out.
Cheers.
Ann: JP Equity Partners Investor Briefing 'Going Nuclear', page-14
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