Re the Galp situation, articles are saying 40% holding as a minimum to be lead of a project.
Do WDS want to lead the project? Keep all 56%?
Sell 16%? I wouldn't think so, who'd buy only 16%
Too many with smaller % holdings and no clear leader would/could be problematic for decision making.
Sell the whole 56% and get quite a lot of money for little expenditure?
They'd need to successfully drill to maximise return on last option.
Just Sunday morning musings while I continue to hurry up and wait.
A decision before Christmas would be nice.
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1.1¢ |
Change
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Mkt cap ! $85.43M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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|---|---|---|
| 1.1¢ | 3057189 | 5 |
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| PCL (ASX) Chart |