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partridge1
Regular Contributor

So the question is - why buy HASTINGS ( whatever) and then sell (?) it on to outsurance - why not let outsurance buy it - they are 84% shareholders after all- perhaps financing the latter to buy it - as opposed to buying it then selling it on ( COSTS?)- there are a couple of implications - possibly more - either - these people are idiots and didn't do their homework/fit/due diligence  in the first place or they are not idiots - which is more believable -and they are going to gain somehow( perhaps linked to capital (?)   on this deal by going the long way round?

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