this company any good?, page-17

well the market can misprice every time...I was buying WCL at 18c just before a 36c cash takeover offer.

COI has had a 100% run within that timeframe too.

This is the spec end, and even those early CSG takeovers were done at surprising multiples...ie I wonder if PURE assets have amounted to much for the $ paid. Id say they would be the same as the basket of juniors left, struggling with a turned sentiment to CSG in general, regardless being QLD.

I think the fact that WCL still had 426m, with a MCap prior to offer was just 480m is pretty good in the junior space. Everyone needs $ for development at this end of town, no surprise there.

I wont be selling for 36c unless forced..

Interesting that Angus left today - moving aside, interests.