I don't think even Marius van Tonder knows with any certainty - Moneyweb has been hounding him since Feb about their exposure to CMM via Allego and Three Rivers and also queried Frik Vermaak's involvement, without any success. Just bland responses. An intricate web of companies seems to have been created, hence this investigation and decision to liquidate. As a public company, ADW's potential exposure should have been quantified at year end already, but instead they chose to procrastinate, hence the slow southward drift in the share price with some directors selling above 150cps. The FD apparently doesn't have a clue?!
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