Suspended for months?13 Jan 2020 10:10
A few on here this morning, have suggested LEK might be suspended for months - and they may be correct.
However, I can't see how it would take months to establish what happened regarding this fake loan agreement.
I imagine the SP will get smashed down to about 30% of where it closed on Friday - but what I'm trying to say is that the suspension should be lifted once the company knows what transpired regarding the Seawave deal - not until an alternative deal is set up / deemed unachievable.
Before this bombshell, some on here were predicting a T/O. Others on here this morning, insist fundamentals remain unchanged. If so, a T/O remains a possibility - albeit, at a reduced sum, along with a reduced likelihood.
Regards,
****ed off of Devon.