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Re: Lemoncat post# 383073

Tuesday, 11/09/2021 7:23:44 PM

Tuesday, November 09, 2021 7:23:44 PM

Post# of 403091
Totally irrelevant in respect to an artificially depressed and very poorly managed asset from a capital and governance perspective.

If it turns out that there is gold here, it's worth gold, and the current price is effectively irrelevant in a bidding war to acquire said asset. Why sell yourself short on the outcome based on premium comps. If you think like this, we should all pray that you aren't Leo!


Prior to that top premium acquisitions ranged from ~200%-550%.

So $7 if we're setting a new record.

Otherwise, $1.08-2.34 if we're going to be among the 10th through the 2nd highest acquisition premiums.

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