the Target Statement seems to be pretty clear.
The L/B Offer is simply too flamin' low.
I cannot recall a board rejecting a bid, where they recommend rejection in such emphatic terms.
And here is why we should hang onto our shares.
So not only is the L/B bid opportunistic and undervalue, but there is every possibility that WCL will receive a better offer.
We can be assured that these discussions are genuine, because the WCL directors have stated such in writing.
I am still hanging on to my shares
Fat Lady is still warming up!
cheers
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message seems to be clear
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