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Re: kingpindg post# 170933

Tuesday, 08/18/2020 4:46:01 PM

Tuesday, August 18, 2020 4:46:01 PM

Post# of 186029
kingpindg, please let me give you my point of view. I agree with Thoth, from my point of view White Lion's deal is much better than Garnock's. I don't see White Lion controlling the price because the company decides when to sell (and has the right to do it vs. White Lion, that has the obligation to buy if the company wants to sell), not White Lion and also since White Lion can only have less than 5% of the OS at any time, they can not dump in the way Garnock did. Also, with the small discount vs.share price of 5% it's not worth for them to sell fast. The benefit for them comes mainly by letting the price go up and selling responsibly if they decide to do it. Finally, what I see in Garnock's case is one person deciding and being more driven by emotions, vs. a company with more people involved in decisions.