WAL wavenet international limited

Can someone enlighten me,according to the article bailej quoted...

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    Can someone enlighten me,according to the article bailej quoted wal has approx 23.5 mill clr shares at todays share price $2.03 = $47.7 mill and states thereby owning 19% stake of clr and yet according to the number at the top of clr posts clr has a market cap of about $113 million.Now that doesn't add up at least not all those years ago when I went to school.So either wal owns 42% of clr,clr's market cap is actually about $240mill or most likely I am missing something.HELP please
 
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