They were always going to extend, and why wouldn't they? And not...

They were always going to extend, and why wouldn't they? And not for any sneaky reasons, just good business.

1. if CRE is good value (which FML obviously believes) then why not increase your holdings at this price?

2. the fewer freefloat out there, apart from Stone, the lower the cost to maintain,

3. and the more likely to get it delisted,

4. and eventually, in 6 months when they make an offer to Stone for the rest of CRE, it will cost less!

Don't be surprised if it gets extended again. The release says "unless extended again".

DYOR