To be honest , I hold both wgx and mgv. I think WGX is incredibly under valued. And I would rather buy WGX at this stage. Because of plenty of upside. Mgv would need to dilute shareholders , several times I would imagine over the next couple of years without another T/o offer. And to be honest, I don't fancy having to then borrow money to build a new plant in a jurisdiction that has plenty of plants in any case. Waste of money. I would be happy with either wgx or rms take over at this stage. At a higher price somewhat. But to be honest , is MGV worth over $200 million at this stage. I suspect not. I wouldn't pay much more. I probably rather buy GCY if it was possible under $200 million
MGV Price at posting:
30.5¢ Sentiment: Hold Disclosure: Held