Hey groins, think the current sp does allow for RIs to buy in...

Hey groins, think the current sp does allow for RIs to buy in close to the $24 CR price, (depending on the amount of their holdings) and the opportunity to maintain their previous share of the pie.

Where it falls apart is that no RI could buy that amount of shares, 1.4 mill or so, at the current level, when the liquidity is shite, and that amount of shares bought on market seeing the sp soar.

It further falls apart that even buying at current levels and very modestly (to maintain that level) that they are denied the options @$29 with the two year life span. It does treat RIs, 100%, with disdain, ( though personally I would not be in the position to take up that offer).

The patience thing is fine, it would help that cause (being patient) IF there was not the extraordinary spiel of this being a billion plus stock 10 months ago, nor the issuing of options at $29, nor the twitters/announcements that fail to reflect in the sp, meaningfully.

The company’s talk the talk is A plus, the delivery of that talk may rate a C minus at time.

Also for reflection; why would any entity going long wish to see this company at $29 plus when a potential 20% of the company will be up for grabs (at levels similar to last CR) in nine months time if the sp does not hit the strike rate?

This company needs an offer (more than current sp) to be made to stabilise this situation, no offer and two or more years in the ‘wildness’ will make it the play thing of every opportunistic entity out there.

Imho.