ann: fml to raise 227.5 mill via placement, page-76

Terrible analogy Tri2

If you gave up your block and allowed a house to be built and you allowed the other to have 51%.

then very quickly you would find out there were NO profits,

The house is freshly painted, carpets upgraded, gardens improved, extensions put on. pool room

Pretty soon it has twice the capital spent than amything nearby.

You get an offer for Mr 51% and take it, and the Mr 51% now 100%, moves in.

Mr 51% "well darling, now we moved in you can see that we got a great bargain, everything upgraded and we only paid half".