sellers

seems to be a lot of selling at 0.017, when there probably will be buying by asian investors

buying SBL at 0.017 could simply be a cheap entry into LionGold by instos and retail investors, who are happy enough with a ~17% return from the transaction, which looks likely to complete given the structure. (and much better return annualised, and especially compared to SGD bank interest rates of sub 0.50%...)