Thalassa Holdings - Re: THAL Stream Log - One final thought. I do...

One final thought. I do find it interesting that all of the shares that have been bought back over the last 24M are being kept in Treasury rather than cancelled. You would think the best way to close the discount to SOTP intrinsic value would be the former. The fact management are not suggests they want to retain firepower for new acquisitions. Now cards on table, THAL is a very small component of my overall portfolio and as I have previously stated there is significant value here based on SOTP, and why I remain a holder. However, management do owe it to be straight with shareholders. If the vision is to create a Berkshire Hathaway type vehicle lets please here it. Otherwise the founder should really do the decent thing and play out his vision in "private" having taken out minorities at a fair price