What I mean is that the big event of entering a new life as a listed corporate might actually be the catalyst to take decisions they should take now, rather than cosmetic changes at the eleventh hour or forced by shareholders after listing.
When they've had to slash the price so that they are taking almost no money off the table but are still proceeding with it now, it really does have to make you wonder.
Look at how they've group-hired women on their Board at the last minute! Almost like they're being primed to take the blame if it turns sour.
CIM Price at posting:
$19.12 Sentiment: None Disclosure: Not Held
