WSA
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0.00% $3.86 western areas limited

The SP was 2.50 when they launched SOA talks. there is already a...

  1. tomboy
    9,783 Posts.
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    06/09/21
    12:58
    Post #: 55861238
    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
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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