million dollar question, page-15

How this episode will play out depends on how much the market improves or deteriorate from hereon. Can't helpbut ponder a number of scenarios.

At the end of the day, it comes down to selling on market or miss out on the reward of possible a $3 sp on market or risk being trapped by a TH when they hit 90%. We get $1.5 and a messy tax formula.

Again, the risk is the 90% is reached when the sp doesn't get the chance to run up to anywhere near $3.

If the market improves, other stocks sp will also go up blunting any benefit of a higher on market BRM sp.

The worst case scenario is WNI comes out with a substantial holder statement of 88%+ and continue to trash the sp while other stocks rebound.