WSA 0.00% $3.86 western areas limited

SOA is not a bidding frenzy Its a mutual merger backed by BOD...

  1. 9,783 Posts.
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    SOA is not a bidding frenzy
    Its a mutual merger backed by BOD and major holders, AF ecluded.

    If you are waiting for the white knights BHP AF to bid and trump IGO I cant see it happening with those financials.
    If AF really wanted WSA it would have been done last year already & he would be on the BOD.
    BHP controls 50% of WSA offtake already & likely will cut out Jinchuan soon.

    3.60-3.80 SOA in scrip/cash 20c is my call for weeks now.
    Thats generous and a 7 year high.
    Creasy wants Lougher in his tent looks like & Lougher not interested in AF looks like.
    Not surprised.

    More SP upside imho from here.
    Last edited by tomboy: 06/09/21
 
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