Not to worry HH, if WPG walk away MEU will conduct their own due diligence, you can rest assure.
The fact that the deal between KCN/WPG locked out any other parties making any offers for challenger suggests "a mates rate" deal was struck....yes, WPG have done well....but my question was where's KCN's duty of care to it's shareholders? The MEU offer is purely cash with an option of $1m equity if they prefer, clearly superior to WPG's $1m....... If i where a KCN shareholder i would demand some answers.
MEU Price at posting:
2.9¢ Sentiment: Hold Disclosure: Held
