If LNK manages to extract $1.27B from D&D, LNK can comfortably do a capital return of $1 per share, pay down debt plus distribute 100% of its holdings in Pexa instead of just 80%. That is the only link to Pexa from the latest proposal from D&D.
Pexa up 5% today. Hope the traders don’t pounce on Pexa later on. Lately, the LNK sellers are like vultures ready to go for the kill and now they are in big trouble.
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