DK haven't extended, they always had a window to exercise in...

DK haven't extended, they always had a window to exercise in December.

They appear to have given up trying to exercise during their extended June window, likely realising that they were never going to get paid if they had exercised as this would push the company into receivership.

So I ask again, who is going to put money into a technically insolvent company only to see it disappear out the door to a private equity fund, or FCW for that matter?