RE: Unpredictable16 Apr 2020 14:32
If it gets refused then it may be seen as a positive, however it would still leave debt renegotiation next year.
On the flip side, if it gets the thumbs up it could cause more volatility going forward. Even if Pmo put the deal in hold it doesn’t answer the debt issue next year.
Now throw Arcm into the mix, what will be their next move. The deal would be the best way forward to counter them. The flip side again would surely make any deal unlikely with poo where it is. This still leaves the debt next year.
All in all very difficult to know where we are going. Not very good for Lth’s but attractive for traders.