RE: The Big Dude Speaks24 Nov 2020 15:33
We've been few this a few times, the liabilities are high...despite having the forsale sign up, nobody has been interested yet!
Nobody wants a minority holding with no legal rights..15% of a project without any rights is not th same as 15% in a legally binding JV.
It's not 9% of solg but the solg holding can be diluted, indeed it has been.
Who would pay for this...
It's Irwin biggest mistake imo, nobody wants minority holdings like this, nobody ever has...happy to be proven wrong if anybody wants to show me...