scenario6 Dec 2019 16:19
Bacal wants the company for £5 a share.
Cohen thinks, cac, I am not getting my money back!
Cohen says to Odey etc, your profits are short when he makes his move.
So, Odey says to Cohen, you sell me your shares and allow me to close up shop and I will split the profit from £5 to £1.80 50/50 with you.
Stack up?