WPG 0.00% 1.5¢ wpg resources ltd

sale of iron ore assets, page-12

  1. 3,708 Posts.
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    An "independent valuation report", or similar wording, will be prepared in due course.

    Hope this is not a BCI situation. When BCI had a SP of about $3, in January 2011, major shareholder made a bid of $3.30. Expert valuation came in at about $4, a range was give, so takeover was stopped! SP for BCI now $2.50 !!!.

    But I am not suggesting WPG SP will falter, BCI is somewhat illiquid.

    Pat
 
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