he accumulates considerably more shares with PP's at $1.15 vs. PP's at $2.50.

Of course

And the fact that he is already around $200,000,000 richer with that $1.35/share rise is bothersome to him since he can only add say 1.5 million shares versus versus 3 million for a 4 million dollar PP

I know he is an accountant and has a better grasp of these things but......