"Firestone’s major shareholder Sekoko Resources also sold some...

"Firestone’s major shareholder Sekoko Resources also sold some 800-million shares in Firestone to Ariona, representing a 25% shareholding in the coal miner, in exchange for A$8-million.

Sekoko would retain a 1.7% shareholding in Firestone.

Ariona would acquire a 10% interest in the Waterberg joint venture from Sekoko for a further A$13-million, reducing Sekoko’s shareholding in the project to 30%."


CAn someone (clever person) explain how these two paragraphs do not contradict each other??

Have Ariona now given A$8m to Sekoko (for 25% stake) and have the right to later pay A$13m for a further 10% stake which would give them a 35% stake altogether???

How can Sekoko retain 1.7% shareholding and then in the next paragraph have a shareholding reduced to 30%????

Pluckster confused right now??