Aguytrying wrote:These britam chaps are smart. If u wanted to buy the 25% stake would you rather buy at 30.00 per share or 10.00 per share?
After this announcement I now believe the share have been pushed down for the purpose of arm twisting the seller to sell at a lower price. They have time that the seller doesn't. Seller wants to pay off ponzi scheme victims.
Well played by them. Let's wait for the sell price, though it might be hushed.
On the flip side, the share should rally when the dust settles.
Which means that the big fish believe in Britam as Mauritian Finance minister explains that existing shareholders did not want a third party to buy the Dawood Rawat stake.
John 5:17 But Jesus replied, “My Father is always working, and so am I.”