What do you guys think of this deal?With Vulture Capitalists completely controling the company, what advantage is it to Catalyst to do this complex deal over just issuing a special dividend that they would receive 41% of?
One, would be their percentage of ownership will increase, and I am assumeing they don't rid themselves of shares. Also, could a deal for the port or pipeline or company be in the works at a much higher price? Or a deal could be in the works for Frontera Guyana with de Alba surely knowing the pay to play game.
For some reason, I don't trust Catalyst. What are others thoughts on this?