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Wenzel Downhole Tools Ltd T.WZL



TSX:WZL - Post by User

Post by mjh9413on Dec 27, 2012 9:46pm
467 Views
Post# 20776216

Going Private??

Going Private??

Anyone feel the brothers might buy out the rest of WZl (they bought initial position at $2.30.)  They do sell to WZL from their company and WZL would be worth more to them as 100% owned...only thing I am mystiified about (still) is the price strength with what is relatively high volume since the arbitration decision was announced. I'd have thought they would have allowed the price to remain lower to make any offer, if any bid coming, a better premium...all spec on my part. Also wonder if they will ever make up that lost international client.

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