Its the perfect storm for management and directors who...

Its the perfect storm for management and directors who underwrote the capital raising. A huge retail shortfall that directors had to stump up the cash. This bid covers them having to do that hence agreeing to the bid price and making a killing along the way.

They did a great job getting WDR to where it is today and have cashed out, fair play.

Do likewise but be sure to look at SHD and FMS at these levels. Both huge resources with high FE close to other resources owned by the majors.