WCL 0.00% 39.5¢ westside corporation limited

sp cap, page-2

  1. 1,189 Posts.
    G'day Jake
    I've been wondering if the 3 weeks dd extension is related to squeezing those shares out of Bumi. If they needed money fast as has been speculated, then three weeks could be all an acquirer needs to soak up. However this does rather conflict with what we've read here about the whole line being for sale with a broker. Surely our bidder could lock that up off market now?
    I just have never swallowed the statement from WCL about needing to provide a little mroe information after this long and particularly when the new indicative offer was lower than the original one! It is all very unusual this t/o process!
 
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