Asked if he would take 6 dollars a share for his stock. He told them he would go on CNBC and talk up the stock if they would give him 6.50. This will be under the table,the rest of us will be offered 5.72. This came from my dog Star. She had a bad dream last night.
I think TPG,.. WILL sell SD,.. eventually (2-3 quarters,.. MAX !)
It's almost a,... "SURE THING",.. IMO!
Dinakar Singh, does NOT want to, "run" an Oil Co. (takes a lot of his time) and NO,.. Hedge Fund manager, buys stock for the "long haul",.. they like the,.. fairly quick Buck!
I'm pretty sure he's seriously PO'd at Ward and has thought about how long it's going to take to get his Money back ,..."into play"!
If Dinakar was dumb,.. I'd sell but,.. I think he's a pretty smart "cookie" and he's being fairly patient!
Many of us "here" have a LOT of $$$ invested on, what was once a very promising, young Oil Co.!
Dinakar must have thought so, too!