And why wouldn’t they at these levels......
”Depending” on the terms and type of CR over at STX especially if it is NOT an open offer to existing shareholders a CR is generally followed by a piece of positive news. If the Insto’s are involved you can bet your bottom dollar a positive announcement will followPerhaps already in negotiations with a JV ? And this will follow the raise to afford the Insto’s to sell into a rising market.... Boys club and all that!
Or Perhaps the raise is at a premium?
Just my Wednesday conspiracy theory.... If not, gee those boys at STX need a slap on the wrist for not raising earlier in the proceedings hence we will see an exit from STX and money flow into WGO in the coming days. Either way I see a win/win for WGO short term..
Good Luck All