The more complex restructures generally take time. This isnt out of the ordinary IMO. Although companies like BBI/PIH that were suspended whilst restructuring generally give an update.
The lack of update is more concerning than the time period, although nobody likes moeny tied up indefinately. GGG was recently suspended for awhile. It happens.
By now they must be getting close to something. Surely they know if CFE are taking up a large chunk of MHL. Surely they know are we going for 10% or 90%
I still havent been asked to accept final terms and pay for the placement. That is a bad sign, or atleast a sign that we are some way of copmpletion.
MHL Price at posting:
0.4¢ Sentiment: Hold Disclosure: Held
