Langbar International

The Bermuda connection is irrelevant. Any company, individual, even if they are registered in the gobi desert, has to disclose during a takeover if they have traded more than one percent of the shares. "we would have smelt a rat". Of course we would ,just as the stockexchange did. The difference is that they had the news all to themselves for more than two days and probably bailed out or short sold accordingly. They then timed the suspension well to lock in all the ordinary investors but not before they had got out.