They know that the share price is going to get hit over the coming short term.
Their tenements are of high grade.
Much like the rest of the micro's out there the last quarter has been superb.
What cash offers are going around at the moment.
Their market cap highlights that they dont need you, you need them (looking at someones production figures posted by them they actually may require you in the short term though)
Id say very well played by them, and wont be surprised if ppl do accept it.
WCU Price at posting:
20.0¢ Sentiment: None Disclosure: Not Held