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Think it's going to be quiet until we get news on whether our suspect Sequa manages to free up or raise funds to proceed. As you say, they have a number of alternative sources. See Sobeit worried TOR Snr sold his shares. Think that's highly unlikely and that ACC took them as collateral for unpaid loan. Thought I saw that JP Morgan in addition to their other holding, now had 8.81%. If so expect RNS to say TOR Snr has only about 1% left. As stated all repossessed NOT sold.
Morning JR. Quiet today. Still hopeful of some good news. Nothing on Euronext. We are all assuming that it is Sequa. Would be a surprise if it were another party. Also we all assume that funds will be raised in Europe. This can also be done in USA or in ASIA
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