Contrary to the line about the Option holders wanting to put their money in to fund the company. Gus was very clear at the raising in January that. He was raising now so that the rest could be borrowed later.
I remember being bemused by the howls of protest at the raising with epithets to never support the company again. That suddenly turned to 'I took up my share' and 'I bought more or market'. Gav being the clear exception.
That's where I got the idea that the shareholders made considered decisions as to which and how many of each to hold.
Maybe it's like the dinner when Krushchev hammered the table with his shoe to make a point.
- When people later looked under the table they found he had two shoes on.
Get ready, page-126
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