I could almost cry Moosey - who cares?? 'Reduce, exit' maybe GEHs intentions changed between the 18th and 19th.
You will get your answer soon enough.
In response to GEH’s stated intentions, Silex is considering increasing its direct participation in the development program being conducted jointly by GLE and Silex, whilst new potential investors are engaged. To this end, the Company is negotiating a term sheet with GEH to address a wide range of issues, effectively giving Silex the option to take an equity position in GLE. The material terms of any resulting GLE restructure will be announced once discussions are finalised.
Why can't you simply wait?
If Silex was shut down tomorrow there is enough cash in the bank to compensate us to the value of the current share price. So I know it is not a 'sell' decision you need the info for.
Idiot or Maniac? We see what we want to see., page-19
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