Ann: Annual Report to shareholders, page-43

I agree that the STX price has been trending down recently .
However if WGO had done the deal with STX when it was offered then the STX shares you would have received would be 28.2 cents for every WGO share .
So based on todays prices you would be up more than 100% from where we are now .

There has been a lot of water under the bridge since the approach from STX during which STX has had considerable drilling success so they may not want to offer the same deal at the metrics they offered before but I think they would still be interested to put some sort of deal together .

A deal is very unlikely to go ahead while DD is still sucking on the tit .
Why would he ?
A first step is to dump the present BOD's .