WMN 19.6% 6.7¢ western mining network limited

Webral, Sorry to "put words in your mouth" I'm still trying to...

  1. 206 Posts.
    Webral, Sorry to "put words in your mouth" I'm still trying to learn as much as possible about these types of deals. I think that Chris Clower, former head of Merril Lynch Investment Banking for all of South East Asia, and David Putnam , former head of Asia for Houlihan Lokey probably know more than you and I combined. I for one am going to wait and see how this plays out. I highly doubt that directors and officers of that caliber would try and mislead punters about the terms of a deal. I have looked at the vwap of wmn shares over the last several years. It's a multiple of current trading price. I'm sure Lanstead, and WMN management have vetted this out. They don't seem to be the types to fall into a financing death trap.

    Best of luck to all

    DYOR
 
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