RE: Those darn Reds... a geopolitical history16 Feb 2020 17:43
The way I see it; you potentially have multiple parties in a bidding process. Bidding is not straight forward and is subject to so many layers of financial analysis and is complex process and in my opinion would not be a case of short term deadlines. I wouldn’t be surprised if ‘best offers’ were subject to a 14 day (minimum) term with counter bidding following. This is all a lengthy process involving staggering amounts of both money and internal approval processes of the potential bidders. Then following that would be a hell of a lot of legal work.... Patience, remain optimistic and remain confident. The credentials of the company speaks for themselves. Maybe this week, maybe not. If not be mindful that any ongoing negotiations are likely to be subject of Non Disclosure Agreements, this is a sensitive phase...