RE: Can anyone explain?18 Sep 2024 09:25
Paul what is clear is nobody will know until Monday what's going to happen. You are basing you're argument on probabilities and assumptions. You don't have the insider knowledge to know what Petrofac are going to announce on Monday and neither do Astaris, who have much greater resources than you. There are a number of outcomes for monday and several of them could make a short position untenable. I dont buy that you are a bondholder because of the negativity of your posts, so my advice to you at the vey least is to take some of your profits from the shorts now rather than risk being burnt.