Taste’s issue of 80m new shares at 150c didn’t go very well with some 20%, or 15m shares, not being subscribed for. Taste got its R120m (before costs). Those 15m shares were a concern before a Sens announcement that Protea Asset Management and Conduit Capital have taken a 38.4% stake in Taste post the issue. These two companies are controlled by Sean Riskowitz, who has a great track record of mostly picking winners and being a long-term holder. It could be good news for shareholders, and makes me want to take a harder look at Taste. I like the business model, especially Starbucks, but for now I remain on the sidelines watching and waiting.