WGO tried to play smart too and that didn't quite work out.
Remember STX is the operating major partner in what TPD are relying on for cash.
If I were STX (with no exposure to TPD), I would dry up TPD's cash and then pounce.
(I hope this isn't what happens as I have a stake in TPD), hence, thought what was on the table (better price to the share price, better value to the status quo) was a missed opportunity.
Market does not look confident with Colby
As for the CR projection, my source is the quarterly. But yes, I agree if Walyering starts this risk is reduced
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