Well the fact that 4.2 mill is underwritten by Pattos is pretty susbstantial isnt it?
It means Patersons lose money below 7.5- 7.8 or somewhere arounnd there (they obviously make on the fees- they get some options etc). 4.2 mill is a lot to drip feed out at around that price in order to just make money via the fees! If this is what you are suggesting.
Well the fact that 4.2 mill is underwritten by Pattos is pretty...
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