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underpar71

12/22/23 3:49 PM

#658428 RE: dedugan #658425

Why would anyone pay $10/share when they can buy all the shares they want at .75?

skitahoe

12/22/23 4:22 PM

#658441 RE: dedugan #658425

Dedugan,

I can't say such an arrangement isn't possible, I've never seen that great a disparity between the current price and what's being paid, but if it clearly came with other benefits, it's possible. I believe such action would elevate our share price dramatically, but I don't know that we'd move close to $10, but even $5 would be a huge move, and that would be justified by the partnership.

While I'm not betting it will happen, I'd certainly love to see it.

I believe that LP has been quoted as wanting more than $10, but I believe that this is the sort of arrangement that she could take without totally compromising what she's after. I'm not sure if she'd go along with 10% of the OS at that price, perhaps 5% would have a better feel to her.

I'm still of the belief that no such deal will be made until we're above $1, but perhaps we don't need $5 or more to get the sort of number that I believe would satisfy LP. I still think over $1 will come with UK acceptance of our filing which could come rather quickly.

Gary