Step 1. Rms suckered Wgx to KRR by pretending to be interested giving WB/wgx false validation of their due diligence and ‘intent’ + creating an ego boost by ‘beating them’ to ‘the beast’ all the while MZ rightfully only ever wanted SPR and has rendered Wgx useless to compete.
Step 2.
Wgx out of equation Rms price smashed down with 17year plan to make it a 1:1 swap for the purpose of ‘only’ Paying SPR 2.5MC purchase with an instant 20ish % gain + time expediency + synergy.
In doing so they only need to justify 2.5B target price to their investors who may not internally understand it’s 3.5B++++++ worth!!.
- Remove only synergistic threat Wgx ✅
- Win Spr holders ✅
- Win RMS holders ✅
The Only remaining variable is if a major has the knowledge/time/thresholds to fight for this. Maybe a major will call their 2.5B bluff and pay 3.5B as it’s minimum immediate worth rather than RMS’s future ‘embedded’ worth.
The key will be what’s in it for SL and his upper echelon.
(20min delay)