Why would M&G and their parent company Vanguard sell down in CDU...

Why would M&G and their parent company Vanguard sell down in CDU for no reason to 50% and over 70% of their last placement price @ $4.00 to $1.70 and then using that cash buy on market in OZL (which they are the largest shareholder). OZL's Prominent Hill Open Cut is coming to an end and production from the Underground will reduce the throughput by approx 70% as I read it. So M&G selling CDU down by 50% to $1.70c and buying up OZL to $4.15c. Doesn't make sense.

CDU is starting production and OZL is coming to an end. OZL other major project in SA has been put on the back burners because the numbers and the costs don't make it work. I would not want to be in M&G or Vanguard's shoes if they have forced down CDU, buy up in OZL and then make a bid for CDU.

Will keep the regulators busy for some time.

SO I ASK 'WHAT IS THEIR GAME PLAN' or are they so dumb they dont have one??

Ask yourself this question.

I am a small player in a big market so do your own research and let me know if I'm on the right track"