cornerstone investor - good and bad part, page-45

Apologise if I am taking out my frustation today.
Against everything , I had hoped that PB had a grand plan which will be revealed once the listing approaches - that he will spring a pigeon from the hat and surprise everybody by getting an investor who knows the value of company.

Was'nt PB himself who was claiming till a week back that the company is worth $4-$6 and hence moving to SGX to get that valuation ? And now he calmly gives 10% at $1.1.


So was the valuation wrong ? or did the emperor have no clothes when he moved to SGX?

To others who have claimed that