Who bloody cares what price PSP paid for their original 13% in October last year! That is not a relevant metric at all, they are taking us all as fools to try to tell us it's a big premium over that price.
They are going to need to bump this price substantially or my care factor is zero. They are buying at a "seasonal" dip, these assets have a lot of value.
Ann: Non-Binding Indicative Proposal from Paine Schwartz Partners, page-9
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