Spot price = 35.70, share price = 0.36 - clearly irrational exuberance
Geez imagine what the share price will be if the spot ever goes above $40 again - could reach 50 cent then
On the other hand, if the spot stays at 35.7, Borso can call in the administrators in a few months
Ann: Ceasing to be a substantial holder, page-66
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