of course it may happen but in the absence of a real concrete offer the 20c is the best one on the table, have stx stock which has also lagged for years and they will need to do a capital raise soon as have no cash is not such a great outcome, it seems there are many STX holders who are promoting it as if its better value, it might be on todays share price but after all the dust settles who knows,
STX share price is undervalued but that itself begs the question so why are they offering undervalued stock vs cash and the answer is obvious STX has no cash! nothing concrete to offer WGO shareholders other than to languish with them until and if they can raise equity and raise again and again until they become a producer
WGO Price at posting:
21.5¢ Sentiment: None Disclosure: Not Held
