RE:RE:RE:RE:Everyone wants the deal to go throughThe outcome has always been binary to borrow a phrase but it's funny how people have waited so long only to be throwing in the towel now. This will be the darling of the TSX when it closes. Sentiment/lack of communication has massively derisked this stock but it's arguable if company PR would help stabilize support in this market. 300% upside now on the first SDI with a benevolent lender who allocated for delays, it's Africa.
You don't buy 20% and lend them more debt than they're worth if you're looking to turn around and dump it in 6 months because the arbitrary estimated deadline wasn't met like some burger flipping retail trader. IMP is a tiny portion of Vertex' assets under management, risk/reward tradeoff for Vertex remains extremely favourable - even moreso than June 2015.
Markets can remain irrational longer than you can remain solvent - John Meynard Keynes