WCL
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0.00% 39.5¢ westside corporation limited

petro withdraws offer, page-17

  1. cheeky
    2,095 Posts.
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    15/05/13
    10:33
    Post #: 11765334
    This is proving farcical!!

    1. LNG make approach to buy Westside
    2. Petrochina and LNG agree to work together to secure gas.
    3. Petrochina lobs in lower bid and LNG withdraw.
    4. Petrochina pull out, much to the suprise of LNG.
    5. LNG reapproach Westside to buy gas.

    In that time, the share price for both WCL and LNG have halved and the gas price has near doubled.
    WCL Price at posting: 23.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 8  Upvote
    lightbulb Created with Sketch.  Great analysis
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