Endless there's 2 ways of looking at what WCL I doing
Either they are using a poison pill to dilute to prevent the takeover from LNG
Or they know the LNG offer has little weight behind it and so are using this as an opportune time to raise cash
Given the price of 25c it looks like a poison pill to me
Silly doubt they will get a better offer in these markets
- Forums
- ASX - Day Trading
- daytrading march 8 morning
daytrading march 8 morning, page-125
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)