WTP watpac limited
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Besix, page-4

  1. cncventure
    818 Posts.
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    04/08/15
    19:27
    Post #: 15750081
    Why is the market not front running this likelihood?

    Surely if Besix were to takeover this company they'd be getting it for a steal...

    $160M is NOTHING when you consider that WTP is sitting on $105M in net cash and $40M in property!

    Surely if they offered $0.86 today for WTP the board would have to reject the offer.

    Thoughts?
    WTP Price at posting: 86.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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