WSA 0.00% $3.86 western areas limited

FYI twiggy has 5% of WSA & PAN and 0% of IGO and 13% of MCR &...

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    FYI twiggy has 5% of WSA & PAN and 0% of IGO and 13% of MCR & POS & 25-37% of Noront.

    He increased his stake in WSA recently to make it more expensive for IGO.
    He gets $3Bpa FMG divys but he has spent barely any of it on Nickel.
    He has taken small stakes at lows and flipped them at highs like in AGO AHZ.

    If he truly wanted WSA, he would already be at 20%, on the BOD with a funding offer on table & removed BHP as offtaker, his arch enemy. But nope he buys at 2.30 & 2.95 cheap as he sees it going to 3.60 or so.

    No amount of money will secure WSA for AF,
    he tried overbidding on Ravensthorpe in 2009 but it failed, the sellers ignored him for FQM a larger well known Ni group who still hold & mine it today at triple the value now.

    Or maybe he can do an Alan Bond as Kerry Packer said and offer them an exorbitant Channel 9 type $2B deal and we know how that all ended dont we, in disaster.

    Lougher already ignored AF as he went straight to talks with IGO.
    Creasy is the new Nickel King.

    There is only one Alan Bond in a lifetime said Kerry Packer.
    I cant see AF doing that unless he has very bad advisers.

    Still~ 3.70 is a good deal for WSA LTHs as they stay part of a Super IGO.
 
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