@proverB hehehe that is hilarious..

I think PUMA & KK must be playing a very dirty game in this acquisition fiasco.

This leakage is quite interesting and in my opinion I think it must have breached some CMA laws for instance insider trading.

When a manager leaks such a toxic story,that shld be grounds for investigations...this kind of story might have given some investors undue advantage because you don't know who this source leaked the information to before telling the standard...that is if the information turns out to be true.

VWAP currently @13.60/- with stalled trading... The standoff or is it faceoff...

KenolKobil’s share dropped by 9.5 per cent in Thursday’s trading even as transaction advisors for its ongoing buy-out deal denied speculation that negotiations had stalled.
Link

Sometime back Segman was very fast in countering negative news articles...

Puma's communications office says it had no statement on the matter, while KenolKobil is not immediately available for comment. Puma had entered into negotiations with key shareholders of the oil marketer to buy an undisclosed stake, said to be over 25 per cent, which could have seen a complete takeover .but it has been carrying out a due diligence.

Kenol Kobil reported a Sh3.9 billion loss for the last financial year and had tried to assure investors the deal would go through. The last notification KenolKobil issued was on the September 11, when the Company said Puma Energy will complete its due diligence in October.

There has been no subsequent further Notification. "The increased excitement around the Oil and Gas sector in this region leads me to stick to my view that this is a clever if slightly tangential way for Puma to insert itself into the landscape. I can only surmise that there is some bard bargaining going on," Finacial analyst, Aly Khan Satchu said on Monday.

KenolKobil had a market capitalization of Sh18.3billion when the negotiations started. Puma Energy is 65 per cent owned by global oil trading multinational Trafigura with Angola's state-owned oil firm Sonangol taking another 20 per cent. Puma is present in West, Central and Southern Africa as well as in South America for a total of 29 countries around the world.

Quote from the star.