Has anyone seen the terms of this Tenor agreement released or is this being held for the Judge?
Seems that there is a question about what the old noteholders will do and what the Judge deems appropriate return for them on their unsecured notes.
Maybe Crystallex released the Tenor info per the 10 day notification rule, and wait to hear the bondholders response?
Will the old bondholders balk or agree on terms to roll this 100M debt? Can the Judge force their hand to agree to a reasonable return? So far we have been pretty lucky with the court decisions.
Maybe all this is effecting the SP? I also thought .20 would have been reasonable on this news.
IMO what sounds great to us shareholders is not affecting O/S interest and there is resistance in the chart from late Feburary.