WPG 0.00% 1.5¢ wpg resources ltd

sale of iron ore assets, page-10

  1. 434 Posts.
    thats how i read it...$1 for our best asset & then the ar5se falls out of the share price.

    how is this good for shareholders?

    we end up with a coal jv & a port.

    like to know what acorn thinks of this.

    some people seem to have forgotten this is the highest grade iron ore in this country.

    so we are getting $346m for 20m tonnes of the best.so around $17 a tonne.mmm imo we are getting rorted
    if you think the sp was never going to see $1.50 then it must be good for you.

    me personally i think its a rubbish deal.







 
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