Extcfan I think the scenario you mentioned has happenened and is happening. They had a chance to take a 70 % stake in one property and an 80% stake in another and needed money to aquire both, and from what I hear are close to making a deal on another. Things are heating up quickly and the best parcels are going fast and if they are using the money to aquire more property I'm all for that.
To me it makes more sense than waiting for the Sekayu block to be sold and then trying to find a good PSC to buy. I know management has made some errors along the way but before the year is out, I'm sure those with faith in management will be rewarded.
As a company they are in much better shape now than they were a year ago and it won't be long before the SP reflects that. JMHO