Not sure how much I buy into it... but it is plausible - if WGO caught wind or were suspicious of corporate activity or another play from STX, then it may be that they would want to devalue SE (hence the GWC comments if they turn out to be incorrect). That way, if STX is to propose another scrip-for-scrip offer it either 1. Increases the STX to WGO shares they could possibly receive, or 2. Muddy the waters enough that it's unsuccessful.
I've always got the feeling that WGO have wanted to be taken over (and why I hold some), but I don't feel like the directors would be all that interested in a scrip offer from STX. Fridays trading was very interesting and look forward to hopefully getting some insight into it next week.
Also listened in to the webinar Friday. SN is and always has been very impressive. I'm not sure how any holder or non-holder can watch and disagree.
Not sure how much I buy into it... but it is plausible - if WGO...
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Last
17.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $487.1M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 17.0¢ | 16.0¢ | $1.708M | 10.27M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 929388 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 1165570 | 9 |
View Market Depth
| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| STX (ASX) Chart |