changre request
I do not agree the arguement that asking for sth solid would not change anything. There are 4 possbile scenarios
- They can not disclose any detail due to their agreements.
-They may disclose somethiing but this could harm the deal
- They may disclose some stuff that would not harm negotiations but would not do so because there is not any demand. (At least confirmation of more than one sheet receipt can be OK wthout giving any price or name.)
- They share sth more solid with binding agreement or more data of their further analysis. This could be hard.
By saying making pressure would not change anything you directly disccard the last two options and only take the first two granted. Sticking the first scenoario is more comfortable for them. They do not need to think and spend more time for shareholders. They would defintely be happy with doing nothing.
We already have almost zero solid information. So asking for that would not harm the current situation and if we get sth this is a gain. I think fear, risk - reward etc is obivious for all. I am just pointing the elephant in the room.
I have nothing against with the pipeline and I have similar conclusions.
I do not consider to accumulate more as I have already assigned most of my investment here.
PS. I got a response from them that my request for the term sheet receipt public disclosure would be evaluated (does not mean yes or no). So it does not seem too useless to ask for sth, does it?
GL
M