Seller didn't meet the disclosure conditions Protasco put on the seller in the agreed revised SPA within the SPA timeframe. No grounds to sue. No transparency on the seller's part.

With the revised SPA cutting the valuation and earnings of the potential deal, and now management cutting the deal, optimistic signs the board knows what they are doing and not willing to take unwarranted risks with a "sketchy" partner in the hope of O&G growth. Core business is solid. Short term pain. But this Te Po Yee, insider trading for sure! Blatant selling prior to announcement. SC needs to act on this and clip this guy's wings.

Fundamentals still good. The O&G story wasn't to contribute significantly to the earnings growth. Still Long.