RE: Question for Lunus 11 Apr 2021 18:37
Why is everybody surprised? It was always known that it is only the option to exercise up to the 11th and a further 6 months to agree terms, Global co have now exercised that option slightly ahead of the deadline. Great news. It could be another 6 months before the terms are rubber stamped...which will be worth waiting for.
I don't think it will take the 6 months but I don't expect anything in the next few weeks regarding CDX either and I hope to be wrong.
I think people were expecting a deal signed an delivered by the 11th and are now disappointed, hence the drop.
They have delivered as promised and ahead of time, just some more patience and the rewards will come. All in IMO of course.