RE: Why the panic22 Feb 2023 12:27
I suspect the sale was never actually expected to happen. It's a good bartering chip in the debt for equity negotiations - if they know XYZ will bid $3bn for the assets then anybody taking on the debt in exchange for shares also knows a minimum amount of money they could get back in the event of dumping assets.
I'll happily sit and watch this play out. Only got 20,000 or so shares now, I sold most on the rise last year (having averaged down on the drop) for a small profit and kept these as free play. Not selling them till they 5 bag. If they don't, they don't.