WCL 0.00% 39.5¢ westside corporation limited

well the market can misprice every time...I was buying WCL at...

  1. 19,194 Posts.
    lightbulb Created with Sketch. 598
    well the market can misprice every time...I was buying WCL at 18c just before a 36c cash takeover offer.

    COI has had a 100% run within that timeframe too.

    This is the spec end, and even those early CSG takeovers were done at surprising multiples...ie I wonder if PURE assets have amounted to much for the $ paid. Id say they would be the same as the basket of juniors left, struggling with a turned sentiment to CSG in general, regardless being QLD.

    I think the fact that WCL still had 426m, with a MCap prior to offer was just 480m is pretty good in the junior space. Everyone needs $ for development at this end of town, no surprise there.

    I wont be selling for 36c unless forced..

    Interesting that Angus left today - moving aside, interests.
 
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