I think becuase it was not CASH and was just scrip in a swedish company, market not rating the annc.
However
It sill bolsters their NTA value which are now 4-5 x their MC.
I do not profess to be an economic wizz but i would have thought that might drive SP value.
FFG
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- Morning Traders 15/11/19
Morning Traders 15/11/19, page-87
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