PH,
When discussing things WAM with Bob , you need to think in terms of a cult.
As with members of all religious cults , Bob is desperate for validation that his worship hasn't been wasted.
Hence statements like '' that is a pretty dumb argument'' .
As a holder of WLE , I hope QV shareholders are as thick as 2 planks , and end up doing the deal on the present terms.
Why wouldn't you want to have WLE through such a scheme , rather than sell QV and buy WLE on market, if the swap is out of the money?
[cgt the only reason for some people]
Why ?
Because Bob and I would like you to.
News: WLE Wam Leaders Says Proposed Off-Market Takeover Bid For QV Equities Limited, page-22
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Last
$1.27 |
Change
0.020(1.61%) |
Mkt cap ! $1.728B | |||
| Open | High | Low | Value | Volume |
| $1.26 | $1.27 | $1.25 | $980.7K | 779.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2000 | $1.26 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.27 | 22842 | 3 |
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| WLE (ASX) Chart |