Come on guys, SIOC didnt have to spend a cent and could have invested the 26% into CCC.
They could have elected to have the company profits repay the BEE loan Bruce and his cousins accrued over the years.
We should be thankful that someone other than a blood sucking hedge fund wants to invest in CCC.
SIOC is after dividends...this is a good thing. They'll drive growth but hopefully not get out of line and allow these guys to throw away money like they have been. Whats mashala cost so far and how much more will they need to spend....and we still dont own 100% of it.
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