WAL 0.00% 0.6¢ wavenet international limited

takeover imminent, page-5

  1. 413 Posts.
    Even more of a bargain than it was at 50c +. But so are many others at present.

    CLR trading at $2.08, a takeover target. Partial copy of a Post from the CLR threads -

    " * CLR been attracting plenty of press this week re: looming takeover offers. Where there is smoke, there is often fire. CLR have received a number of informal offers and have appointed UBS as their takeover defence adviser. Before they listed late last yr various companies had passed cheques across their desk to stop them. They are just waiting for the right price and have a global hedge fund as a substantial holder (Helmsec Capital) who are pushing management hard to extract more value (hence the Roadshow?) "

    Buyers stepping up at close. Light volume, steady hands.

    Very interested in diamond drilling assays for the Putussibau Polymetallic Project, especially if results are consistently at 20.9 g/t gold + 21.5 g/t silver.
 
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