management
according to catalyst management and jordann support the merger. as i think this management doesn t hold many shares in sgi so it s only smoke to tell it s a good deal for sgi shareholders as they have nothing at stake. if a co trade at around 75-90 last year it doesn t make any sense to merge at half this price knowing cyl will carry debt, need to issue more shares etc .as nobody want to look a loser. will jordaan and all receive some advantage with this deal and does jordaan search for a better deal . i must add sgi is waiting for a judgment again vango so why the rush for this deal as we win the first case. new equipments,higher gold prices since last year its a non sense merge with a 26 millions producer versus apprx 65 millions .ratio at 2.8 sgi for 1 cyl is a joke. wake up jordaan