I'm fascinated that the first three posts, within minutes of todays announcement are negative and by non holders.What motivates these guys?
Surely they must realise that this is a huge vote of confidence by an informed investor, who is prepared to put up to $72 mill on the line, on what appears to be reasonable commercial terms.
I think it is a well contructed deal which enables long term funding to be secured without the pressure of any short term squeeze.
BLK Price at posting:
29.5¢ Sentiment: Buy Disclosure: Held