Could it be that it has something to do with the appointment of Dr. Alistair Crowden beginning of August?
In any case it really rare that nothing drips out in the market. Regional consolidation and nobody has some indications? Mmhh....somehow improbable I think.
NST selling his stake? Would be a rather simple transaction I guess and more something between a potential buyer and NST. You probably would not need EAR to get through the deal I assume.
Is a merger a possible option? Some kind of reverse take over or so? Maybe a first step of a regional consolidation?
I am running out of possible ideas and options....