I think the oppies just expired.
There was no value/consideration received for them.
With the latest two announcements (3B Amendment & 3Y Correction), I feel confident that this is/was part of the "administrative" delays for the money being transferred.
There was never any reference to "whos" administrative requirements/errors/further information etc that needed up dating/correcting/what it actually was...but now we know :)
GRES and the Syndicate will have done due diligence. No matter how small (11 million shares) any discrepancy is, it would need to be sorted.
Done due diligence...and we got/get the money.
This is the sort of house keeping I would be focused on if I was part of either organization fronting up large amounts of cash.
I also think this type of tidying up is good for all. (any company actually....bet there is a few that need some house keeping done from time to time.)
This will probably clear the way now for the "informed & expected" money transfers to take place.
Again, I think we will see increased volumes over the coming weeks, staring next week.
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I think the oppies just expired.There was no value/consideration...
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