The story goes that the company in question, Silknet, is a holiding vehicle for the Ehrenfeld family's stake in DFT that was aquired by the vending in of their ISP Eftel into Datafast.
A major family dispute resulted in a stalemate over the control of Silknet and therefore a major block of DFT votes, potentially threatening the DFT board structure.
The liquidation of Silknet therefore is really just a breakup of a family trust and actually should benefit DFT in that it will remove any uncertainty in the boardroom.
The same whispers contend that the speed-bumps that appeared in the Chariot deal were substantially caused by the party who is being excomunicated from the family trust & if this is correct the Chariot deal may yet be done.
Perhaps that's why there has been little reaction in the shareprice ?
DFT
datafast telecommunications limited