"Shareholders kept in the dark"
This is a public company, it would be illegal for them to share any details of this information with shareholders ahead of releasing it to the general market. The company's mandate is to act in the best interest of shareholders by creating value, not to give them a trading advantage.
In my view, the sale would be good news. Better balance sheet, and cash for an arm of the company that is dragging down the performance of the others. Better than the alternative I feared, a channel 10 style series of share placements.
Still, nothing is really on or off the table in any official sense at the moment, though the article makes sense.
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