Jetmek,
The “pieces” are what I’ve already said:
DBMM escaped revocation.
It got off the Caveat Emptor list.
It’s still trading and compliant, which wasn’t supposed to happen according to those who bet it was over.
Those are facts. They change the mechanics for those who assumed zero was guaranteed.
Now the next piece is what the board decides to do. Whether it’s a preferred share dividend, a cash dividend, or something else, it’s on the table. That’s all I’m saying.
I don’t need to predict dates.
The fact that DBMM is still standing is enough to leave the shorts guessing.
And that uncertainty? That’s a piece too.
— Krombacher