Hi ,
You make a good point about control and dilution, established medium sized long term holders should be a tad nervous .
I think management's attitude makes the possibility of meaningful joint ventures problematic.
On the privatisation , I have been unable to find a detailed loan terms and conditions , debt for equity would just about wipe out the other shareholders at this stage.
I also will just sit on my modest holding , and see what happens. Not that anyone has much choice , 20000 bucks just about wipes out the buy side.
cheers
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Hi ,You make a good point about control and dilution,...
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