WCL 0.00% 39.5¢ westside corporation limited

new hope thought, page-12

  1. 231 Posts.
    Invest99,

    No, your right, definitely not now, but NHC's stake blocks the compulsory acquisition, so if the board gets to a point that says recommend and if the board and company accepts the takeover, that doesn't necessarily mean NHC needs to and that compulsory might not actually happen. I guess what I'm saying is, if you had the funds, and owned 1% of this companies shares, would you rather sell for a small premium, or hold out knowing that they potentially won't get to the compulsory acquisition point. Because 1% of the actual asset will be worth much more down the road.
 
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