forget the emotion, is wiluna worth $100m?, page-3

how do you get to that boxhill?

2.5 - 2.8cents ???

i'm not going to dispute that someone is selling and the share price is on the slide and someone is obviously taking a loss but your comment was that "longer" term shareholders see value at 2.5 - 2.8cents.. how does your calculator come to this figure mate? sriously i'd love for you too explain your mathmatics on this one or is it a effort at downramping?

Just one snipet of information i have is that some of the longer term and rather large shareholders being Goldman Sachs and Vanguard were both willing to support the recapitalisation at 4cents, that to me suggests they were happy paying 4cents per share, if they were only happy paying 2.5cents per share its very obvious to me that that is where the recapitalisation would have been pitched because it need these guys to sign off on the deal and reliquish their secured notes for direct equity stakes in the company valued at 4cents per share.


looking forward to your response
Davo