RE:RE:Another point to keep in mindAgreed Sooner, we must be at the last tranche of shares that could possibly be given to RIO via one last extension. RIO cannot be allowed to acquire more than 12% short of them making open market purchases.
Slowly creeping up to 20% is what some companies do prior to a takeover and then they get preferential treatment since they are a "control person" at that point.
Anyways, we all know that RIO is slow walking this process and that is what they are comfy with. Paul said it best, the lowest price you'll ever get for Casino is today (2021). We can debate what an inflation premium is worth, but whatever Pauls' magic number was 2 years ago you will need to add at least 15 to 20%. Keep adding 10% annually, no worries. We'll get paid to wait, as we should!!