Remember their record in front of RC. Obfuscation at its worst . Their first paragraph they indicate that minor shareholders would not be disadvantaged, now imagine you had 380 shares when buyback is announced at a price of close to $26 at the time . Buying back at $20.90 , 6% discount , how much would a smaller shareholder make ? Just does not stack up . Almost simultaneous to completion we have some posters come forward about how great this scheme was . Has their inherent culture changed ? Not on your life !
WBC Price at posting:
$23.43 Sentiment: Hold Disclosure: Held
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