Camdenbob said: "If the issue is overturned and I have serious doubts about that , then the same amount of mney woul need to be paid by Palmer to teh compnay."
So the placement to a broad, relatively independent group of investors with interests aligned to existing shareholders is not not OK? But if that placement is cancelled, one to a known corporate raider is??
I put it to you that JH is likely tieing his boat to CP's as a desperation move for survival. This will make him beholden to CP should his motions succeed.
CTP Price at posting:
45.5¢ Sentiment: None Disclosure: Not Held
