WAF 0.70% $1.43 west african resources limited

Guessing if there is a bid it'd be an opportunistic cash offer....

  1. 114 Posts.
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    Guessing if there is a bid it'd be an opportunistic cash offer.

    Using two recent sector examples, the bids for Tietto and Musgrave (with only the latter successful to-date), if we apply roughly the same premiums from both the low and from the pre-bid price we can perhaps inferr bid pricing.



    LowPre-bidPrice
    1WAF (Musgrave)ASX0.660.891.32
    2WAF (Tietto)ASX0.660.911.28



 
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