RE:Any thoughts?Some on this board don't want Rio buying in open market to get up to 30%. I say...bring it on! I'm like you...I don't really see much value to WRN or Rio on the IR agreement. Who cares...all the DD is done. They understand what casino is....they've drilled and redrilled a Pugh to make Swiss cheese out of it!
yes...please...let them buy on open market 37M shares over the next 6 months...buy 300k shares a day for 120 days in a row! Let's see where the share price is in 6 months....then yes...I agree at 30% ownership they likely can offer only minimal premium but who cares! We should be multiples higher than current share price.