It's now trading more 30% less than the spike so I think it's...

It's now trading more 30% less than the spike so I think it's pretty safe at these levels. For me , the dissapointing part was the choice of lender . It was a new credit fund that had limits on that they could lend per company . The needed to increase the size of the fund to lend STL what they were after and they didn't get enough new money to get the funds realised. A combination of equity and debt may have been better and easier to secure. We were told other lenders had approached the company after the initial delays . If these guys are too remain credible I would expect another deal to be struck within a few weeks. Still believe company is significantly undervalued so happy to hold.