Are we not forgetting that Hancock, STX, and whoever else, will...

Are we not forgetting that Hancock, STX, and whoever else, will start value adding to WGO ergo STX should do well.

They didn't buy this for it to be business as usual. People have just spent the last two weeks ridiculing the numpties running the show. Now there's a new game in town and it's called ROI and everyone will want a cut of the spoils.

The real risk here is for minority holders and lack of volume.

In my opinion the best option is going with the STX bid because once the dust settles on this, these companies will put their shoulders to the wheel and move things along at a good clip which in turn should see the development and value of both companies increase significantly whether organically or through future M&A action. Either way the companies bidding will want a return and retail should be able to ride on their coat-tails.

Having said that one would have thought that this was nearly done, however, WGO's close at 0.40 gives some pause that there is more to play out. All the twists and turns will be fascinating to watch.

Cheers
BW