WSA 0.00% $3.86 western areas limited

The rich get richer and the poor gewt poorer. SP saying thyis...

  1. 9,768 Posts.
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    The rich get richer and the poor gewt poorer.

    SP saying thyis t/o that appeared a done deal for IGO is not over.
    That preference to AF is illusory anyway & unlikely to ever happen, but why should he get more than us plebs?

    Mitsubishi, OAM have 10% enought o block this and then theres AF who hasnt smelt the rat yet as usual last to know whats going on like at AGO where he also flipped cheap for a pathetic 25% return and lost $6B value which Gina now has made a motza on.

    If non producing low JORC MCR is worth $1.1B, then WSA is worth double but say my call 3.60-3.80 so surprised IGO were getting it for 3.37 cash using debt.

    Someone is buying way above the bid price.
 
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