What is happening is a travesty (a bit strong). This means that they are forcefully nudging us to take up the offer to make some bucks. Failing which we have seen our portfolio drop by about 32% (i.e. from R28 to R19) . Eish!!!
They not making money. They bought a mine. They have to pay for said mine.
This is public knowledge for months already. If you are not happy as a shareholder, you could've sold your shares months ago, when this was announced to shareholders.