WR1 2.46% 59.5¢ winsome resources limited

We'll find out in due course if Winsome get bought out before...

  1. 683 Posts.
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    We'll find out in due course if Winsome get bought out before production.

    The current low prices mean that much of the supply being factored in by analysts will never arrive, leading to significantly higher prices.

    What this means to me is that the most important role management have to play is not providing glossy pics of core samples or happy snaps of the cast and crew, or a drip feed of whatever they can release as assays arrive.

    It's making sure that they can go into production if they have to, until such time that take over offers are at silly bugger prices.

    The aim of the game is to get the shareholders of the take over company to have a board spill because they paid too much.

    Cheers.
 
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