WCL 0.00% 39.5¢ westside corporation limited

takeover or gsa, page-27

  1. 2,949 Posts.
    lightbulb Created with Sketch. 88
    I have and I got the impression that the 2-3 months was from December 31 - which is only a few days away. Ultimately though, the 2-3 months could be from either December 31 or mid March as that is what has been ambiguously disclosed to market. I will not be upset if it takes longer. I have no doubt it is a real option; it is just whether or not it is the ace card as far as the bargaining game of poker goes.

    There is a lot less risk in selling something before developing it and I know that if I was in their shoes and had the potential to derive a good bid that I would be gunning for that and the short term cash versus the higher rewards but much higher risk of developing. It sounds contradictory, but I do hope thy sign a GSA as I believe that risk can be managed.
 
watchlist Created with Sketch. Add WCL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.