I did write about why this company did not conduct any acquisitions during Chapmans rein in a former post - given the low pricing of other mining services businesses over the past 2 or so years..
Could have built some scale with low entry cost but alas not to be. Now we sit at a market cap of $38.5 million I am of the opinion that some might just run the ruler of them given cash balance and work in hand etc etc.
Anyone else got thoughts on the market set up for a potential takeover?
WDS Price at posting:
26.5¢ Sentiment: Hold Disclosure: Held
