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94.0¢ awe limited

Great australian asset. Americans are interested in STO. Chinese...

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ksvs

762 Posts.

63

30/11/17

14:01

Post #: 29255639
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Originally posted by psi81 ↑

Yes this offer faces a lot of headwinds on many fronts, not least that AWE board didn't even consider the offer worthy of opening the data for DD. I get the feeling the offer would need to be around $1 before AWE would even be willing to start talking.

But regardless, the fact remains that this is just the latest in a long line of examples where local investors (including brokers and institutions) are systematically undervaluing local companies and screwing themselves (and retail holders) over in the process.

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Great australian asset. Americans are interested in STO. Chinese are interested in AWE . Why not WPL show their hand get both STO ($7) and AWE ($1). No need for FIRB approval and everybody will be a winner. Australian assets in Australian hands

AWE Price at posting: 65.3¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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