I agree rexsh - whether by design or just plain opportunism STX has painted WGO into a corner. On the one hand success at SE2 will cement this position or alternatively a poor result will leave the door open to reigniting the WE assets. Hopefully STX gets to play the long game here - as their business continues its growth profile WGO could be acquired with a much smaller net impact on STX's overall financial position.
As is often the case, management of JV relationships is of much more importance than many companies give credit to. This is also crucial when the going gets tough and yet those times tend to bring the worst out in people. Interesting days ahead! I am very glad to be on the STX side of the fence.
Good luck to everyone in regards a very positive SE2 announcement in the coming week.
I agree rexsh - whether by design or just plain opportunism STX...
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