CJ
I agree with all you say, let em make a mint, they're hardly the first etc, but I just think the current structure means that 20% will change hands first and until that happens the listeds will not be hotly sought after but will be printed to enhance the value of the 20% If you're hanging on for a mine it'll be a much diluted journey methinks.
The anti free ride argument is actually what would happen were someone with deep pockets to target the listeds before the 20% unlisteds that would be a fool with deep pockets which means the comparison with Twiggy ended before it began. It's a peculiar situation and we should be aware of it always in our expectations.
CJI agree with all you say, let em make a mint, they're hardly...
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