La La land at LaivaYup! So Pandion wants us to believe that as a lender it accepted the cash burn of 17M principle (100% Principle) at the hands of Chairman Basil Botha's and CEO Michael Hepworth's financial decisions between FY2018 and FY2019 and then agreed to this Board and Mgmt , that it fully backed, exiting the company and then as a shareholder of OTSO, backed the entry of Wessons.
It wants us to beleive that when it lost its entire debt principle , it did not go for exercising its rights on the assets in 2019, did not take board positions, control the board and business decisions.
Then it wants us to beleive that between 2019-2021, Wessons burnt much of another 17M exactly in the same method as earlier Board/Mgmt, and now it wishes to exercise its rights on the assets when it sees a legitimate owner of 70% coming in whose equity has been burnt by the management Pandion bought in and Brunswick trusted. Welcome to Laiva's la la land!!