Want to addIf Blair is a presently a director, with major holdings here? How can he be dealing arms length on properties that CDB should have. Directors should put their principals interests first. I don't think he can be in competition with CDB in any way. Either he gave CDB first crack, or CDB has bigger fish to fry.
I think there should be material disclosure here. i will call the regulatorsand ask their opinion.
To ovoid having these questions asked, CDB should make a material announcement.