The last thing AD wanted is to be taken over by UCL, so it must be something substantial enough to avoid being taken over and or no reason anymore to be taken over. His baby is more Wonarah then Sandpiper, given the influence he has in the last. I doubt at this point that any % of Wonarah will be sufficiënt cash to get rid of UCL. I can imagine they are working on a deal that UCL is no longer interested anymore in Mak for its interest in Sandpiper. My guess is Sandpiper will be sacrificed to get rid of UCL and hands free for Wonarah. Enough reason for a rebound of SP. The interesting questions remains, who will be the buyer then as a surprise to all of us, including UCL!
AEV Price at posting:
13.5¢ Sentiment: None Disclosure: Held
