"The only losers? WBC shareholders as per the normal state of affairs."
That's a bit harsh isn't it. $100k is pennies in the day to day operation of a beast like WBC. When I worked there, it upset me to see hired people on great salaries do zip all. And witness major projects >$20mill get scrapped on a regular basis.
If we start criticising a cost $100k on a Mkt Cap $95B, then we could be here on hot copper on a 24/7 basis. We'd be right, but I don't want to live like that.
WBC Price at posting:
$22.75 Sentiment: Hold Disclosure: Held
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