Well seeing what is going on at WGO ATM I can't help to feel how weak BPT look in all this. I can't back this up with any facts so it's a subjective take on the takeover bid. However, I can't help feeling that BPT would have been better off keeping its mouth shut rather than make such a dumb lowball offer. Either they knew what WGO was worth and couldn't afford it or they were ignorant and tried to have a crack all in hope.
Either way I think it makes us look quite foolish so now wondering what the leadership thinks about it all and, moreover, how Kerry Stokes feels about it. After the dust settles on this I think, more out of hope, there will be a shake up at BPT.
I consider this a failure.
Cheers
BW
PS My only hope is that it was a ploy to focus attention in one direction while they are working on something else but maybe it's hope against hope
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