WSA 0.00% $3.86 western areas limited

Ann: Trading Halt, page-3

  1. 449 Posts.
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    "IGO will consider all options with respect to the Scheme once the draft IER is received and reviewed. However,
    there can be no guarantee that the Scheme will proceed.
    As previously stated, IGO’s valuation of Western Areas and the proposed Scheme consideration of A$3.36 in
    cash per share were based on IGO’s long term view of the nickel market fundamentals and price. Despite
    recent volatility in the nickel price, IGO’s long term view on the nickel price has not materially changed."
    Coincidentally I sold all my IGO yesterday. I still like IGO.
 
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