The week started with a lot confidence, mainly from certain assertions that the deal was secured and an announcement to this effect was imminent. Many of us believed that the Dom Perignon would be in order and eagerly refreshed our screens looking for that announcement on Monday, that never came. However, people quickly pointed out that the 30th November in the US corresponded to a Tuesday here, so the anxious wait that had begun some 3 months earlier in September was forced upon us for another 24 hours. On the Tuesday morning, there was no announcement on open and some of the posters that been adamant that the deal had been closed started to lose faith. An announcement did arrive on the Tuesday, albeit not the one that warranted the Dom Perignon. Conversely, it was an announcement that contained 2 sentences that neither confirmed nor refuted anything. Not the announcement being expected, shareholders were left in limbo, now without even a deadline on which they could expect something. Needless to say the sentiment waned, an almost 180 degree backflip from where it was only a few hours earlier, with some posters questioning whether or not there was deal and offering to sell their securities off-market for as little as 15c. On Thursday, discussions with Vicky were interpreted negatively because of the involvement of lawyers and some posters started fearing the worst. However, another discussion with Vicky on Friday was interpreted quite positively albeit founded on the basis that the conversation ended with a 'you have a good weekend'. Are we clutching at straws, or will our worst fears manifest this week? The only thing certain is that the announcement early this week should tell us all where we stand once and for all. Lets hope this is the case and we don't get strung on for another rollercoaster week with no end in sight...
The week started with a lot confidence, mainly from certain...
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