WSA
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0.00% $3.86 western areas limited

Why I think that if IGO bids it needs to be at least $4.00 per share., page-95

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    5,349 Posts.
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    06/09/21
    14:43
    Post #: 55864807
    I agree with some of your assessment...

    but this one....

    If you are waiting for the white knights BHP AF to bid and trump IGO I cant see it happening with those financials.

    So why would IGO bid with those financials?

    Your cognitive bias is on display.

    BHP & AF both have deeper pockets than IGO to fix any balance sheet. For WSA, it'll be a rounding adjustment for BHP/AF.

    WSA is strategic for BHP, less so for AF.
    WSA Price at posting: $3.11 Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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