WCL 0.00% 39.5¢ westside corporation limited

furious with management, page-16

  1. 4,234 Posts.
    Jake,

    I cannot think of another example either. I think a similar fate for WCL should not be expected.

    To reduce it to a simple point of difference; one is a highly prospective gamble into a market that is years and years off development because of lots of supply and infrastructure. The other is a very mature plug and play production asset that supports a broader project of developing Chinese skill in LNG export and unconventional gas development, a clear and defined near term benefit.

    With that argument, I dont think it is impossible for them to walk away, but improbable at the least.

    Cheers,

    SF
 
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