A mate of mine was telling me he saw a bulletin on a business channel stating credit is thawing and US banks have made so much money $$$$ that they are already starting to repay the govt.
Now I am only ASSUMING, but if the credit markets are thawing and signs of recovery are emerging, then I assume banks may be more willing to work with BBI re Euroports given they could bleed them for interest over a longer period instead of causing a fire sale to get $$$$$$ now when it would prob make more business sense to reset terms/loans etc re Euroports.
Melua I too have changed in sentiment. I continue to hold but will not be buying any more for the moment.
HFA is on my radar for now.
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