RE:RE:RE:RE:RE:Coffee & Casinodidn't Rio also have privlidged information when they agree to purchase 8% of our shares @ $2.17 per share?
Why can't WRN simply use some of their cash to start buying shares on open market and sell said shares to Rio to take those out of circulation and get into strong hands that aren't day trading penny flippers?
Personally, I don't see why we need so much cash on hand right now (something like $50M i believe).