I appreciate your insights. My experience seems much the same as yours, that is, "sure thing" takeovers often aren't sure things at all, or are inordinately and inexplicably delayed.
If M&A activity shouldn't be relied on to move the share price up, what else will, particularly in the short term? The flow test results certainly don't seem to have been notably inspirational, despite their excellence.
I'm wondering whether the WGO share price is likely to drift aimlessly now for some time, maybe even until West Errugulla is generating income.
I'll be away from the keyboard over the weekend.
WGO Price at posting:
32.5¢ Sentiment: None Disclosure: Held
