I hear you but think about it, approx 90% of his wealth hangs in the balance representing just under $90million.
He must be on top of the situation, in the mix and without a doubt making up his own mind on what he needs to do. With every dollar move in share price representing over $14million to him, his interests are very much alligned with ours and his DD on both the deposit and politics are likely well ahead of where we're at.
That said, the downside is that he has assigned a risk of 10% or whatever that we lose the deposit in its entirety. If he has it at any number percent chance that the outcome could be zero for us, that $90million today may be hard to let go of.
My bet remains that he is part of the plan to illicit a bidding war. Time is ticking against us but until I hear a fat lady, I await bid number 2 and my guess is that Keith is in that boat also.
Regards,
Buck