Sabbath, I sold out for the same reason. I did consider of holding the WNI scrip but the risk was too high and I could pick up AGO at a 50+% discount and other gems like the highest yielding stock on the ASX, OZL.
If we have been screwed and feel so bitter about this is mob and those directors, why endure more pain and indignation for a few more years, not to mention WNI could lose the port allocation and be left with a big oile of low grade ore stranded with nowhere to go.
SDL is different. The Chinese are screwing the SP (to mop up) but the payout is in hard cold cash at a pre-determined price.
Sabbath, I sold out for the same reason. I did consider of...
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