I would have thought Thursday (6.8mil), yesterday (15mil) and todays market (60mil) was dominated by sellers - not buyers. Silly me. They finished off day highs to finish at what they started at yesterday.
But if the company is happy to see its share price kicked all over the field then good on them. I see that as being super bad management - whether they finalise a new loan arrangement of not. They just look more stupid than usual.
Management could settle the whole market by requesting a voluntary suspension until they know the outcome of negotiations. What is the proposed new loan provider thinking of how the company's value has been screwed over the course of the last 4 weeks of discussion.
I would have thought Thursday (6.8mil), yesterday (15mil) and...
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