Analogue for SWF, page-2

I see you are now flagged as a holder, guess the 13.5-14c range convinced you to dip your toe in the pond, not exactly sure when you bought in.

The for sale sign is probably dependent on Datt, I just did a quick scan of substantial shareholder notices and I get the following for him.

38,298,559 shares bought for $8,727,354.41 or an average price of $0.2279. He has 38,845,748 shares total so I have missed 547,189 shares somewhere, but that is unlikely to change the average substantially. All up he has 16.5% of the company, so a blocking stake for a complete takeover.

The company knocked back stakes offer at 17.5c/share, so what would he/they be willing to take? I am guessing it would have to be north of 20c before they would come to the table, it just comes down to if he is willing to suffer a (small) loss to get his cash off the table, or, after the 4+ years that he has been invested that he would want to walk away with some profit to show for the near $9m invested so far.

But north of 20c is a tough ask given you could recently buy at 13/13.5c!