RE: 4 Days24 Jun 2019 20:33
Islandgirl you do seem rather negative. If it goes to the last day, it’s more than likely a bit more time needed to complete documentation, contracts and signatures. Wouldn’t call that a flop purely because it’s gone to the last day in June
These deals aren’t fag packet deals over a pint down the local. If it’s Tier 1 you’ll have multiple signings from people all over the globe.
You don’t spend your time fighting off other bidders, spending hundreds of thousands on legal, diligence etc, to suddenly walk away AFTER terms have been agreed
Imo it’s a done deal, but final knockings take time, with multiple moving parts and people involved
We aren’t signing a deal with little joe at the local shell garage
If it was bad news the market would know imo and the share movement shows no one knows anything