What a waste of time and money...arnt these transactions extremely expensive? What are the credentials of this BEE company?? as soon as i start hearing some cadre's ill be reconsidering my investment in Litha....to be honest i hoped for an announcement regarding an acquisition not some dumb BEE transaction...no value added here! OMO
Mr S - The GVT already have a stake in one of the business units, they weren't able to add the value that Litha thought they would. in fact, they cost the company money as they didn't come through on tendures that they had promised. I really cant see how a BEE partnership would benefit them from a tendure perspective, or from any perspective really. I too was hoping for an announcement re an acquisitions - im sure this will still come though. In the mean time, I'm still quite bullish on the company.