To be honest , I hold both wgx and mgv.
I think WGX is incredibly under valued. And I would rather buy WGX at this stage. Because of plenty of upside.
Mgv would need to dilute shareholders , several times I would imagine over the next couple of years without another T/o offer. And to be honest, I don't fancy having to then borrow money to build a new plant in a jurisdiction that has plenty of plants in any case. Waste of money.
I would be happy with either wgx or rms take over at this stage.
At a higher price somewhat. But to be honest , is MGV worth over $200 million at this stage.
I suspect not. I wouldn't pay much more.
I probably rather buy GCY if it was possible under $200 million
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