RE: Incompetence13 Nov 2024 08:54
So what we know is that some of the top 10 share holders ( that took part in fund) have agreed to cover shortfall, so that includes himself most likely.
We know any pi can request more ingen shares than pro rata.
We can kinda guess the swap ratio, but that's about it.
Agree it could happen, but personally I think this is more a risk from ii than MM. MM seems to have a strong feeling about making sure pi get treated the same in regards to deals, offers etc, just not when we get bid info or get to vote, it's definitely a contradiction.
I'm expecting a placing style pool where you just say how many you want and then it's worked out that way, reduced down if need be on a fairly even grounds.
I think your other comment about buying shares is more likely, as in if he'll do something it won't be in your face without pretence of being treated equally, it will be something that isn't overt to save face.