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01/12/22
06:40
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Originally posted by Base1864:
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Assyrian, despite some clown suggesting I work for STX, which I do not, I, you and everybody here has no idea what STX will do mate. But again, if you do the maths, STX has offered a very nice scrip ratio that keeps them just in front. As far as Gina having 18 billion dollars or Bill friggin Gates having more (the computer nerd, not the Hotcopper poster) whatever offer is made, will ALWAYS revalue STX at the same time. WGO for all intents and purposes is only being recognised for WE. The BOD and management have failed in every aspect to promote this company since day dot and only now appear to be madly trying to squeeze a couple more cents out. Furthermore any talk about the share price of STX tanking is pure and utter gibberish to fool the idiots here. STX own 50% of the WE lease, so any drop in the value will be reflected on both companies. That means now that STX can NEVER* drop below any price set for WGO. * = under normal trading conditions and does not include the dreggs of humanity (shorters) and market manipulation.
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Remember STX still have to honour their CSBP contract when ever and for what ever price they agreed that won't be looking smart now. Forget they needed Alcoa to make it work.