Everyone is saying the release reads as an appeal to stay the hands of sellers, and perhaps there is an element of that. However, for me it says FRACU is in the bag as well as a potentially much larger US military contracts. I think the company is looking for a higher price for that US listing and has convinced some of its US military customers that a higher AJX price is also in their interest so that it can list more quickly on the US exchange and ease scrutiny from overly patriotic investors/politicians?
Greece is an utter, utter farce, I feel for the government there trying to make the best of an impossible situation, but the sad reality is that they borrowed ridiculous amounts of money far too cheaply just to fund the illusion of a wealthy European state when they've always been a poorer one, whilst doing nothing about an appalling level of corruption and tax avoidance. Very much trying to close the door long, long after the horse had bolted.
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Ann: New Purchase Order/Client Advances Progress Defense Sector, page-46
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