Deansy i agree, and that may happen and IMO more likely than not, it will happen - however, having said that, IB Daiwa are still a beneficiary so it may not happen.
There is no use selling 21 million shares now on the open market, there are no buyers. Perhaps another investment company / merchant bank (if there are any left in the world) or Energy Company (PDN, DYL, Holloman, RMG even....lol ) might buy them one day, or very soon.
I'm not sure what to think of this one ATM - with all this drilling that has been done there are no announcements to reflect the work, the only good sign is Directors buying in at the bottom, but is that good for us who bought in 12 months ago? Nup, we paid premium, they picked up at the bottom.
daiwa and co announcement, page-8
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