Good deal on the way IMO..
AJM mgt already spent a few months talking to the existing lender last time. I am sure they are not spending the same time again discussing the same deal. Multiple parties on the table and hence takes time.
As a holder happy to wait for a good deal. A small increase in the interest % is a few million extra payments, hence longer negotiations are worth it.
More than refinance with possible stage 2 finance in possible discussions.
Also, this extension gives a few trolls to speculate on AJM going bust..Not a bad thing as it keeps their empty upstairs occupied..
Good news coming soon..
All IMO and pls DYOR
Arjay
Ann: Extension of Voluntary Suspension, page-7
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Mkt cap ! $18.53M | |||
| Open | High | Low | Value | Volume |
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| Price($) | Vol. | No. |
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