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Thursday, January 25, 2024 12:44:56 AM
We know they have more than one target deal, and one may depend on the other,
so a LOI which can be binding or non binding, sets the Parameters of the deal and lists the DD and prep work needed.
Kind of like signing a contract (LOI) to buy a house with a down payment.
Then the DD, and more formal closing is worked on, then finished and then it is closed. There may be more than deal closed. In stages?
Like I said, they seem to be working on several synergistic deals. So there are likely to be early stages, and steady rally news IMO. Which is better
than a one news event....
![Bullish](/static/images/ih2-bull.png)
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