They reduce risk by waiting.
Their profits from the initial 10% will have no issue repaying the loan repayments for the extra 10% and then some.
Fair market value goes beyond LLL’s unloved share price. I understand why they have not yet taken it up yet as they can watch from a distance completely risk free.
LOM sits currently well over 20 years, they have time to make make significant profit without reaching into their purse and pulling out a single cent.
They reduce risk by waiting. Their profits from the initial 10%...
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