I think the conversation would have gone something like this.
Innes I see you have 250M shares do you want $125M today guaranteed or do you want the hassle of funding, running the co & answering all the annoying emails from hotcopperites as to why the company share price is not performing?
DEAL or No DEAL $125m..? I know what my answer would be :)
Disclaimer - I am going form memory as to what Innes share holding was...
M
CGG Price at posting:
50.5¢ Sentiment: None Disclosure: Held