It would seem to me that WDC are trying to hide the $2bil+ loss this quarter due to the exchange rates. The offer keeps referring to 30 June figures. Anyone know what the NTA for this quarter is? I suspect it's about $10.30.
I don't see how spending another $230mil will increase shareholders value. Ref PDF Page 52 Announcement 9:35 3 Nov 2010.
That's it for me and WDC.