Don’t disagree about overpaying on WD sole valuation but we all know they didn’t have a clear longevity story and they were sole asset risked. Other than find an alternative and better priced asset I’m not sure what you would have proposed that wasn’t a going out of business strategy? As always timing is a major factor and perhaps that forced their hand into a less than ideal acquisition.
Genuinely keen to hear your alternative suggestion though
Capital Allocation & Who Dat Returns, page-2
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$1.76 |
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Mkt cap ! $1.419B | |||
| Open | High | Low | Value | Volume |
| $1.74 | $1.79 | $1.74 | $2.321M | 1.316M |
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| No. | Vol. | Price($) |
|---|---|---|
| 18 | 24986 | $1.75 |
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| Price($) | Vol. | No. |
|---|---|---|
| $1.76 | 3265 | 10 |
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