WA1 14.3% $18.18 wa1 resources ltd

I’m not. I have gone from interested and sceptical to a...

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    I’m not. I have gone from interested and sceptical to a sentiment of buying.

    The elephant in the room is that a buyout for several billion can only be executed by a select few firms or wealthy investors, possibly subject to foreign investment review.

    Funds typically cannot because they have rules on asset concentration.

    If people won’t sell at $200 to the most likely buyer and a realistic share price is between $50 to $100 - they may find themselves richer anyway with liquid assets (cash) as they’re in a <10% of shareholdings that vote NO.
 
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