They need to announce as soon as they refinance or meet the deadline and can’t refinance. It’s part of their requirement for full disclosure. The market will have kittens if nothing announced before Saturday as this could be the beginning of a difficult spiral. Again, my personal view is that they will refinance and announce tomorrow. Huge jump initially then cooling when market digests the finance terms. Have decided to sit this one out for now but fighting some serious fomo.
CRN Price at posting:
12.5¢ Sentiment: Buy Disclosure: Not Held
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