Looking at both sides of the coin... If WES does manage to get hold of KDR it will of course be a REALLY good deal for them as we know. I would like another $1 on top of this offer to sweeten the deal.
However, should WES get this across the line (I don't think they will unless they up the offer), then I will be buying WES shares to compensate for the short fall which I am owed. At least I'll be getting a 6% fully franked dividend and the upside for WES could be huge.
Imagine the margin they'll make on their lithium batteries at Bunnings!
KDR Price at posting:
$1.89 Sentiment: Hold Disclosure: Held