WGX 4.96% $2.54 westgold resources limited.

Ann: Withdrawal of Gascoyne Takeover Offer, page-2

  1. 1,857 Posts.
    lightbulb Created with Sketch. 101
    Not sure if this is the same thoughts as others.

    I was keen to see the Gascoyne TO go through. I was equally keen for it to happen WITHOUT the Firefly clause.

    While I am disappointed that the deal has fallen over I am glad our board were astute enough to walk away. An old boss of mine used to say words to the effect "...the measure of a good decision maker in business is their ability to walk away from a deal that doesn't work for them."

    Who knows, maybe there is still an opportunity to become a family in the future on our terms.

    I feel sorry for the Gascoyne holders and their current position and would like us to flourish together down the track.
 
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