I am thinking the first point. Feel that a potential strategic is calling the shots here, and saying if you want us onboard we need X $ cuts. And look at offloading non core and lets just focus on getting Adina via Renard and not worry about anything else.
"The quality and scale of Adina, combined with the strategic potential of Renard, makes Winsome an attractive opportunity. Securing a strategic partner for a project of this significance is key in moving forward with Renard in the current market".
WR1 Price at posting:
20.0¢ Sentiment: Buy Disclosure: Held
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