WCL 0.00% 39.5¢ westside corporation limited

Ann: Shareholder Newsletter - March Quarter Activ, page-17

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  1. asf
    9,887 Posts.
    re: Ann: Shareholder Newsletter - March Quart... I am wondering if the capital raising was some kind of "poison pen" from WCL in defence of the takeover. LNG now have a smaller market cap than WCL, so it would be like a reverse takeover. Also, LNG only have $11m cash. Where are they getting the money from to buy out WCL?
 
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