I wonder who approached who and what was said? If JRO went out...

I wonder who approached who and what was said?

If JRO went out to market then they might have done this through their own private circles.

If someone approached JRO they might have said we can rip the band-aid at 10c, else you’ll be tearing your own skin for the next 12 months.

Interesting that AJM suggested they were unaware of the new buyer.

Whether true or not, might mean the former occurred. If it was local PLS, WES, FMG the local grapevine would be all over it.

I suspect it went to an international Li entity.