WCL westside corporation limited

Just to get shareholders off their backs i reckon as pretty p...

  1. 7,476 Posts.
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    Just to get shareholders off their backs i reckon as pretty p poor effort Imo considering the DD extension ended ages ago and no real update on that......Same old same old message for 12 months now

    WestSide Corporation Limited (ASX Code: WCL) advises that it is continuing to progress discussions with the party which submitted an indicative, conditional, non-binding and confidential proposal on 19 November 2012.

    The proposal involves the acquisition of 100 per cent of the shares in WestSide for cash consideration of 52 cents per share. However, uncertainty remains as to whether any binding proposal which might be acceptable to the WestSide Board will eventuate.

    The Board reiterates its earlier advice that shareholders take no action at this time.

    WestSide will keep the market informed of any material developments in accordance with its disclosure obligations.

    Time to say if thats your best offer submit a binding proposal so we can reject it and move on with our future plans!! Getting tiresome!!
 
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