Nah, I think WPL management are too arrogant to act quickly to solve this issue, even if it is in the interest of their shareholders to do so. They have been given ample opportunity over the last year, but all they have done is put their head in the sand, make bullying statements and watch as the value of the resource (and cost to them if they lose it) increases.
It's similar to their failed Oil Search approach IMO: http://www.abc.net.au/news/2015-09-14/oil-search-rejects-woodside-takeover-bid/6773962
No plan B, page-14
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Last
50.0¢ |
Change
-0.015(2.91%) |
Mkt cap ! $46.20M | |||
| Open | High | Low | Value | Volume |
| 51.0¢ | 51.0¢ | 50.0¢ | $13.38K | 26.64K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 99993 | 50.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 51.0¢ | 314682 | 3 |
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| Last trade - 15.44pm 08/11/2024 (20 minute delay) ? |
| FAR (ASX) Chart |