RE:RE:RE:RE:Wouldn't it be far cheaper for that iron ore company I don't know Peter personally but it appears to me this is his life work and he seems to be a man of integrity. This company I bet is very important to him and all his 30 years of hard work is paying off. He is not selling out at his and pyr's moment of glory ! Money is not everything and as we know Peter donated $100k recently so he is not hurting for money, it's not like he needs to make the deal. I'm sure he can afford to wait for a bigger payday and all the glory. Don't count out the prestige factor and I say he deserves every bit of it !!
Nosleep wrote: There is no reason why that couldn't happen, but he and the board have a duty to do what's best for all shareholders. So there would have to be a long look at the value of doing that as an owner. Why sell the golden goose, when he could simply sell a few shares a long the way, or do a secondary offering.
Nosleep