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Banca Ifis is an independent banking group specializing in the collection of trade receivables, non-performing loans, and tax receivables. The group's credit is exposed mostly to Italy and other European nations. Its trade receivables segment focuses on growing trade finance loans and providing liquidity to Italian small and medium-sized enterprises. Approximately one-third of its loan... see more

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Banca I.F.I.S Spa > How long for Halt

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Post by Goldfather on Jun 28, 2017 9:08am

How long for Halt

What's the opinion here ? How long will the Halt be ? Until Deal
Closes in 3-4 months ? Or sooner . If it's Halted 3-4 months, and
with all the publicity and Hype this Deal & new Company will be getting,
I think the FCC SP will get a big spike at their Open.

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Comment by newsimon1707 on Jun 28, 2017 10:07am

Probably not... because they will need to do a financing... and Canaccord will want a low PP price... problem is... FCC will probably trade after the merge... I fear we will have to approuve the deal based on the current SP... for a stock that hasn't traded for months!!

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