why i don't like the placement, page-26

fair enough - we have no way of knowing what the real intent is.

however, i dont get the impression that T2 was used to make the case for this CR - basically the investment banking game is all about the sales pitch to investors.. and i wouldnt use T2 to do it. mind you, this is not a CR to us shareholders but to new supposedly informed guys...so my take is that they would have used the MILO potential to make their case..

thats why i think on balance its not a cash grab in a pejorative sense...although it is!

but then, who knows!!