Did Fonds just woke up one day, decided have to bail out and iimmediately liquidated all position taking $7,000,000.00 loss along the way. Which I would guess meant loosing almost everything....
Don't think so, sorry. It had to be some time at works.... It's my understanding that this Institutional investor was a STRONG supporter of Mr. McRae - otherwise how on this planet earth they possibly could stay idle and watch their money melting away year after year after year?????
So they finally SOMEHOW arranged for The Buyer, but according to Mr McRae it was done
behind his back. Why should we even be concerned with such a little thing?
Didnt Mr. McRae told us that "A lot is going on behind the sceens"?