RE: Duferco CLN8 Nov 2020 23:12
logic would suggest duferco will exercise and take the shares. I havent said they wont, just explained its an option so they could decide not to. as to reasons why they might not, as I say, I think they will, but reasons could include 1. duferco have other priorities 2. duferco think the price may go lower maybe because GS havent yet declared full sell out and might not have finished 3.duferco decide they want to exercise after JSE for some reason. 4. duferco may have tax reasons why it suits them to delay. 5. duferco may have agreed with bmn to delay because it suits both parties until some future occurence takes place. We dont know, but based on logic and what we do know I say we find out this month.