• Ive got money on Article 50 to be revoked and then immediately reactivated, rather than 'negotiating' a further extension.

    The UK government then controls the timetable for leaving.
    Its politically untenable but so is May, so she might as well.

  • Legally possible to revoke.

    https://curia.europa.eu/jcms/upload/docs/application/pdf/2018-12/cp180191en.pdf

    'The United Kingdom is free to revoke unilaterally the notification of its intention to withdraw from the EU'

    However the wording suggests an act of parliament might be needed and as we already know triggering article-50 certainly needs an act of parliament.

    'The revocation must be decided following a democratic process in accordance with national constitutional requirements. This unequivocal and unconditional decision must be communicated in writing to the European Council.'

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