BlackRock is the debtor also the owner of five million new shares bought in the period covered by a class action. Until a buyer is found you have a defacto debtor controlled administering of funds justifiable under contractual terms. 90m gobbled in six months! Sanity prevails.
I am concerned regarding the Put, as its a 2014 planting . Harvested 2026 , versus leaving now with a nice profit and before any insolvency laws affect it .
The holder knows there will be cash coming in during next six months. Then it dries up again. Next option December. How much more would it get then?
QIN Price at posting:
29.5¢ Sentiment: Buy Disclosure: Held