A) the money is available but management don't like the conditions. ( Management have proven from last 2 CR that they will take any money even if it's at massive discounts to SP).
B) the money is available and management are prepared to accept it. ( $ame as A above and have taken the money that was currently available).
C) the money isn't available ( Bingo but not the way you think it is. Who will benefit from a lower SP?). Here's a link to show you what I mean:
https://www.reuters.com/article/gle...w-business-through-acquisitions-idUSL4N1IQ3JG
2018 Outlook, page-4
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