RE: RE: RE: RE: RE: also voted today "....but WFE buying GO at rock bottom prices, paying in WFE paper, and upgrading the management team, looks intreging. "
It's a reverse takeover. GO is buying WFE buy having WFE buy GO. In other words, in a normal takeover, GO pays a premium for WFE shares. However in this case WFE is paying a premium for GO shares and WFE's management is fired while GO's management is retained.
In other words, GO shareholders buy a company with twice the market cap, (WFE: 336m, GO: 179m) for a discount because WFE is paying a premium for GO shares even though GO management takes over WFE.
In what market does a smaller cap company get to take over a larger cap company at a discount, unless WFE was overvalued by the market? In the real world, any takeover comes at a premium, not a discount. Unless perhaps you're taking over a sinking ship.