Ann: WestStar secures transformational acquisition of Alltype, page-12

Well it's a great acquisition from a long term investor perspective: an excellent fit with likely synergies, perfectly sized and very good terms.

There's still obviously relentless supply on market though... perhaps a few people knew about this in advance and had to get out on the ann?

The ironic thing is that because of all the supply we are all less likely to buy. We are all thinking along the lines of "what's wrong with this stock I better hold off buying until the selling stops". So it's self-fulfilling to an extent why the share price can't get any traction.

Surely 3-5 cents is now fair value given the next few year's likely earnings and then ultimately dividends. Patience should reward here I reckon and some further contract wins are probably imminent.