More time is a good thing. Lots of discussions with all the stakeholders (we are mere plebs who don't count and our money doesn't matter a shit). But seriously what is Macquarie going to do, appoint administrators ? Unlikely if it wants to maximise returns. Best to let WDR ride it out, at least by shipping they are getting some revenue. Then management can also take a sword to costs, including exec and board salaries of course. Might be a slowish recovery but better than tipping the whole thing over. That's my view anyway.
WDR Price at posting:
14.5¢ Sentiment: None Disclosure: Held
