WSA western areas limited

Why I think that if IGO bids it needs to be at least $4.00 per share., page-55

  1. 1,373 Posts.
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    If Andrew Forrest wanted WSA, he would be going for it before IGO succeeds.
    The fact he isn't might indicate the books are not flash as a stand alone business.

    The state of play is that WSA suits IGO more than anyone else. They need the nickel ore to cover for their depleting stocks. Only IGO is in a position to forgive the financials of WSA in order to get the ore.
 
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