The shorters should still make their money BB. Even Chris Scott thinks MFS will fall at least initially on relisting due to margin calls.
However, what we all are eagerly waiting on is what business is left when this whole saga approaches close. 35% of Stella and nothing else? Nothing? 35% of Stella plus something? I have no idea. At the moment the "strategic review" appears to be simply to sell as much as they can. Whether this is the reality, or there is actually a plan, your guess is as good as mine.
At the moment I don't think there is a plan (or if there is it definitely hasn't been articulated) and it seems likely the future MFS will be 35% Stella plus whatever could not be readily sold. Not the ideal scenario.
MJS
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The shorters should still make their money BB. Even Chris Scott...
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