RE: CyanConnode India has posted ......24 Mar 2026 11:36
Multibagger makes a fair point I have been mulling over as the middle east is the fund backer for ESY. Below is an extract from ADVFN
"With the Gulf States losing about £15 Billion a week from oil and gas revenues and without even actively entering into a war, purse strings and sovereign finances will be scrutinised by Rulers.
ES is backed by the Abu Dhabi sovereign wealth fund, so let us see how they decide to proceed. Will they ask for an extension come the 31st of March or will they walk away without making a firm offer ?
My gut feeling is that they will not make a firm offer at this time, as there may be no "mental bandwidth" to deal with such trivial corporate takeover matters by the real Decision Makers in UAE, who are likely to be ruling Royals.
They are dealing with an multigenerational, economic existential threat and the rest of us will definitely feel the pain too sadly."