Doesn't sound like FRE feels they have much chance with TGA......

Doesn't sound like FRE feels they have much chance with TGA... At least not now. TGA would lose face is my opinion.
Heads would be asked....what the heck has changed. So it won't happen with present people in charge.
MY opinion.
Personally I will be getting out of FRE. I can't wait ten years....

I must have missed why the placement did not occur.

But if this company had a great future, you would think somebody would be clammoring to get a big stake in the company, before the
price increased. That has not happened.