Confirmation https://www.mineweb.com/mineweb/view/mineweb/en/page674?oid=146685&sn=Detail&pid=102055
The announcement by FIU indicates that it is the intention of FIU to repay the MWS Notes in full from the proceeds of the disposal. The stated completion date is the end of June 2012 and at that time Village will receive some R393 million in lieu of the MWS Notes and a further approximate R20m for its remaining FIU shares.
That should be the end to any speculation. Checked and verified. It is expected that 13,556,739 shares will net 20mil rand which = 2.61968 million, which means that the expected price/share is 2619680/13556739 = 0.193 cents/share