WEG and SS&T just settled their dispute over the 20% of PLV shares, Timeone had to change their name to WEG to move the shares to screw SS&T.
Fact is SS&T screwed over PLV and WEG.
Fact is also without WEG we wouldnt now own 100% of Cockatoo (how ironic is that?!!)
Questions now for me are;
- what does this mean for Irvine? Will WEG still do it? are they still actively sourcing cost reductions for us? - what did they break in the sales agreement for tony to give them the ass? are we water tight legally if they come back at us? (im sure we wouldnt do it otherwise)
in the end these guys are still our major shareholder, whats good for us is good for them..
PLV Price at posting:
20.7¢ Sentiment: LT Buy Disclosure: Held