I doubt very much that it is the fact that they left it too late and more so that they havent yet been able to come to an agreement and that they are at the emergency/desperate end of negotiations (especially because of the further extension until monday). Worse case result is that RBS will want their $40mill now which is something AEZ wont be able to do and we all know the result of that. That could explain the 10mill buyer around the last week - showing good depth in the buy side enabling people to exit that new things weren't going well.
All in my own opinion of course!
I certainly hope that this isnt the case because i was planning on spending my profits on AEZ on travelling through europe showing anyone that will listen the properties that made me my fortune!
I have no idea. Please do your own research.
AEZ Price at posting:
2.8¢ Sentiment: None Disclosure: Held