So for those who have held wgo for longer than 12 months and accept the STX scrip offer and let's say STX get taken out within the next 12 months, then those original wgo holders would not get any discount. I am one of those not looking to stay in STX long term (to be clear I am all for the stx offer) as I have been in wgo since prl days and luckily in profit. It would probably make more sense for me to sell on market rather then hope for a 50% increase in the stx share price to have a similar net profit effect. Granted a takeover premium could achieve that especially with a bidding war but I don't know if without a takeover offer strikes share price will rise by 50% in the next year as I believe cash flow from Walyering has been factored in by the market and there won't be the big spike up as alot are expecting.
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So for those who have held wgo for longer than 12 months and...
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