market capital, page-37

I just hope you are right but that still didn't answer the question re why a 20% discount, nor why if they are worried re cash position why that would be thinking of acquisition.

Nor does it explain why their plans re issue of additional shares was not released at the time that the vote for consolidation was not given out.

As I said at that time their plans was to issue more shares and you along with others said that they had no need to raise cash how you tune has changed.

So IMO the reason that they didn't give out the information is that they knew people would vote for consolidation if they knew the reason behind consolidation was to issue more shares once consolidation took place.

DYOR