a. LLEG were offered a price that fully reflected the stream of income that they would have received had they retained the 37.5% shareholding.
b. Because MBB believes he can get a higher return quicker by using the proceeds in other projects.
In other words a straightforward business decision that any competent CEO would have made were he in possession of ALL the facts.
When this whole matter is revealed I believe that the simple explanation will be shown to be the correct one, and all the various conspiracy rumors that some people have been putting forwards will prove to be groundless.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.