Couldnt get any money form insto's at a decent price 'casue they burned the instos. before when Chris Reed and others got hammered durign the GFC.
Pray tell what price were they at before they raised capital? Was the money raised at a 10% or 20% discount to market?
I'm a lot happier if the Reed's are doing charity work, but not with my money.
Fortunately I'll end up owning the asset anyway via MLX. Too bad if the carpet baggers get soemetign in the interim.
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