2025 Deal13 Nov 2024 10:34
The bottom line here is that deals take longer than anyone ever imagines to get across the line. Cathal is an optimist and we all know that so any timeline he gives is likely to be overly optimistic. Case in point again! However, I think the reason most of us have invested here is because we believe that there is a ‘blockbuster’ of a deal to be done but it’s clearly just going to take a little longer. We have two choices now… 1) sell at what is likely to be a loss and go invest our money elsewhere or 2) wait it out. I’m waiting it out and wish you luck with whatever you decide to do! Moaning about something that we all knew was likely to happen is a waste of good oxygen as if Cathal had said nothing the SP would have dropped on the continued radio silence anyway. Now he has said something, the SP will likely fall but they’ll likely be a presentation at some point between now and Christmas where we’ll get to look him in the eye and gauge for ourselves when a deal(s) might really get signed… Que sera 🤷♂️