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maglincer

5,497 Posts.

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26/09/21

12:01

Post #: 56354301
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Originally posted by trkrkd: ↑

I have definitely been getting takeover vibes, not just from the presentation but also from activity on the market. This was what I was getting at in the thread I started which upset so many people. But I think people need to be realistic about what the takeover premium might be. If something is already happening behind the scenes then the premium isn't going to be 80 cents on a sub-20 cent SP. I'd be happy with 25c, anything more than that is gravy. I get that some people here have higher hopes but I'd hate to see greedy shareholders shut down a reasonable takeover offer. As I said in the other thread, I won't back anything hostile. But I'll back anything our board supports.

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I dont think 25 cents is a reasonable offer and I highly doubt most shareholders would vote for that

WFL Price at posting: 17.5¢ Sentiment: None Disclosure: Not Held
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