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^^Yet again the lesson to learn is: Don't mess with Wee

(15-04-2014, 02:54 PM)specuvestor Wrote: [ -> ]This is not an advise, just stating what I believe are facts. Caveat emptor.

1) Forget about realising the FULL value of SL. Give and take, likely give more than take. Wee don't take bad deals.

2) Do you have faith in Silchester to extract value from tough guy Wee?

3) Is liquidity an issue for you? Otherwise you can sell in the market and an offer is not as important to you.

4) Can you outlive Wee. Peter Cundill is dead
Wee is not immortal. Catalyst will come one day. See Jopie.
Of course. So it is whether you can 4) outlive him Smile

In general execution wise, one then have to consider whether to do now and wait for catalyst; or wait for catalyst then do. Very different psychology and timeframe.
(24-05-2016, 06:25 PM)specuvestor Wrote: [ -> ]Of course. So it is whether you can 4) outlive him Smile

In general execution wise, one then have to consider whether to do now and wait for catalyst; or wait for catalyst then do. Very different psychology and timeframe.

I hope so, but that is beyond my control..
talking about me? Big Grin
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