I agree and WPL have stated they won't be blackmailed into taking out FAR just to avoid the possible implications of PE.
However as I posted a few weeks ago, IMO WPL have a face saving situation now, where buying out FAR simply represents good value and could avoid being seen backing down to a minnow , Instead seen as a clever move that achieves a win win situation for WPL , probably best done as a scrip offer and I doubt WPL shareholders would find much to complain about....
I think 16c would probably get a result, it's a big premium to our current shareprice but still represents good long term value for WPL...it would certainly get some of our bigger holders attention and probably an agreement , most small retail holders would trip over themselves in the rush...
IMO It would only happen if there was an agreement from the Govt that the original COP/ WPL deal would be approved under this senario.
Cheers Whisky
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Last
50.0¢ |
Change
0.010(2.04%) |
Mkt cap ! $46.20M |
Open | High | Low | Value | Volume |
49.0¢ | 50.0¢ | 49.0¢ | $16.03K | 32.19K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3905 | 50.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
50.5¢ | 25043 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3926 | 0.500 |
2 | 7000 | 0.495 |
1 | 1372 | 0.490 |
1 | 42046 | 0.485 |
1 | 5000 | 0.480 |
Price($) | Vol. | No. |
---|---|---|
0.505 | 25062 | 4 |
0.510 | 150895 | 3 |
0.520 | 226786 | 4 |
0.550 | 77285 | 3 |
0.555 | 10000 | 1 |
Last trade - 14.31pm 03/10/2024 (20 minute delay) ? |
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