While I do find it hard to believe, maybe the SYL placement was...

While I do find it hard to believe, maybe the SYL placement was basically a strategic move by the directors to leave GAU cashed up, post mooiplats leaving the stable. It would have been hard to raise cash afterwards with the platinum gone.

The advantage for SYL in that, is they could be getting a decent holding here, so they enter the AIM listing with an already significant stake in PMV(through the prorata distribution).

Maybe far fetched, but the mind is ticking