Hi all. Any thoughts on the following pls:
At this point there is some downside risk to the IGO share price, if a bidding war was to happen (they may need to raise capital and pay more in case). So you might want to sell of some IGO holdings.
But for WSA there is now a floor under the price and very little downside risk only upside. Can’t see why anyone would sell WSA at this point?
I hold WSA and IGO .
cheers
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Ann: IGO: to acquire Western Areas via board recommended scheme, page-56
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