What a hopeless company, the fact they didn’t accept that 1.2 offer has to be one of the biggest own goals I’ve seen on the ASX, closely followed by declaring a GWC prematurely on your only play.
Dennis Donald’s (WGO) share holding is currently worth $18.5M, quick back of envelope calculation, if the STX proposal was accepted, his holding would now be worth $57M with a high chance of substantially increasing.
WGO Price at posting:
13.5¢ Sentiment: None Disclosure: Not Held