It is almost like a game-theory between ECAB, Solly, Garret and potentially Fredly who is angry. If Fredly makes too much war the share price will get another hit and if they don't sort out the loan in the meantime it will have even bigger consequences with the conversion at these levels. Our hope is that the share price stays at this level or above until the bank syndicate loan is a done deal (so everything can get settled, paid back, and start generating revenue for CA, dividend etc.). And hopefully that will happen quite fast.
Fredly should have plenty of ammunition to make a case towards SIAF and/or Solomon, the question is whether he will do anything (and whether he should).