Don't think so, if the offer falls over and they tank to $1.40 then Rod loses $16M and he won't want to be selling one would think. Who'll be pleading then? Its clear that Rod is walking a fine line here - good luck to him and I like it a lot, but he doesn't need the lot to run the company. He can spend the same amount and get 60% (ie. 7/9 + 0.25 p.s.) and make it work. Hopefully sense like that prevails.
Rod doesn't mind losing money ...look at his investment in pumpkin patch
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
Originally Posted by drcjp
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