I note on page 5 of the announcement Institutional Placement: that "the placement shares will be issed in two tranches with the first trance of 200 million shares to be issued on or about 10 August 2010 under the Company's 15% capacity."
Does this mean they will be available to trade on or around this date and hence possibly hit the market?
Also on page 4 under Key Acquisition Terms they refer to "the Company's 74% subsidiary, CCL, will acquire 100% of the share capital of Mashala."
Does anyone know who owns the other 26% of CCL?
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