yes, BMG will pay another $12 million within next 3 months to own 40% of CAP. if BMG only want to get stage 1 because of super tax, what do you reckon sp ? if BMG go away ? what will happen? all we have to consider it.
If it is as good as directors said, why did they sell on the market ? are they stupid? they already knew all details of announcements, they can conver 2 million 15 option then sell to the market again.
Honest with I have never seen a company most of directors sell their holdings and sp will go up. if they buy back at 40 cents, it is another story. but directors are not traders. if directors sell their holdings, shareholders will loose their confidence. It is definitely.
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