He is scanno! He also has very deep pockets. Estimated worth of 800 million. A couple of years ago sold water rights to the government for 300 million, probably a lot invested back into business but i assume there would be a fair portion still sitting in their accounts,
I wonder if he's considered putting a cash offer out there for even a portion of the company? If he put something put there for 30 cents cash to get him to say 50% it would probably destroy the MAK bid immediately.
UCL Price at posting:
25.0¢ Sentiment: LT Buy Disclosure: Held