You don’t need to be a businessman to follow this simple story…
Someone tells you that he had two guys offer him £16 and £14 for his bike, but he decided not to sell to either of them. Then along came someone else who offered him £6 and he accepted. Credible story? That’s what you have been told – that offers to purchase Anugraha for £16 million and £14 million did not complete and instead, the place was got rid of to someone else for £6 million.
Rejecting selling at 16 and 14 and then selling for 6 needs an explanation. There has been no explanation, let alone a plausible explanation. 16 – 6 = 10. TEN MILLION POUNDS is a lot of cash.
Will Ian Travers-Smith, MD of Anugraha at the time, or one of those who was on the Board with him, please now give us – in public – an explanation to account for that HUGE DIFFERENCE OF TEN MILLION POUNDS between what was offered and what was accepted.
No reply will understandably strengthen suspicions.