Surely these assets command a better deal than the paltry $60m market value currently being ascribed
Where's the respectability in the 1.1 for 1 offer from MLX?
Their sp is 15c and IMO artificially held up by a share buyback program (which ended on 16 June 2012)
I see deals being made for EV$50/oz where holders are shafted, so how can you describe what's happening here?
The WGR management mantra has been about how underappreciated the assets are and how undervalued the stock is, so why give it away for peanuts? If this is the best they can do then clearly they need to be shown the door
Cheers
WGR Price at posting:
14.5¢ Sentiment: Buy Disclosure: Held
