Agree completely with that. We don't know yet is the issue.
I see it that if the buyer of IFAN was the definitive merger than it would have been said that way in the tweet. Reality is it could be another M&A/Krisa firm looking for a merger.
At same time they've got plenty of candidates they've already vetted for their other tickers so they could have just merged them with IFAN (great SS) which makes me think the deal was too good to pass up.
Yes, that was a bit of a cold description regarding IFAN. I.e. "IFAN has been sold." I dont know how to take that.
as opposed to SNRY I.e. "Lots of interest on this one. We are doing due diligence from some amazing merger candidates."
It may not mean anything, but I did purchase a large block of SNRY today. A bargain price considering the SS and the fact that it will probably go to a major company. IMHO