perhaps they know what is "supposed" to happen within the next month, but do not want to stick their neck out and lock in a longer period just incase what is supposed to happen does not eventuate as expected
from the banks point of view, they will have no problem increasing the financed amount until that amount approaches the overall value of the properties - they will have no regard to whats in the best interest of MAE shareholders, only ensuring they get their capital + interest back. the token options are a drop in the ocean
interest spreads are increasing also, would be interesting to know what the refinanced rate will be
MAE Price at posting:
36.0¢ Sentiment: None Disclosure: Not Held