Simple issue it appears everyone has missed...
Independant valuations (today)...
CityView = $182-296m (av $239m)
Pensador = $1.4b (arbitrary value)
Current ratio = 5.85 : 1
Let me underline that again...
"I n e p e n d a n t v a l u a t i o n"
Now, how does the clawback work again?
lol
Cheers!