The SP was 2.50 when they launched SOA talks.
there is already a 60c t/o premium built in
My call was for a $3.60-$3.80 area but IGO SP keeps rallying and WSA keeps flattening around 3.10
so a 1-7 plus 20c cash looks fair imho.
I called this weeks ago.
WSA BOD went straight into talks so the CEO likes IGO & Creasy and not AF who they have ignored.
Not surprised.
IGO will t/o WSA easy imho.
Lots of synergies there. Consolidation only just starting imho.
BHP could join the fray soon with bids on Noront MCR POS SGQ.
WSA Price at posting:
$3.09 Sentiment: Buy Disclosure: Not Held