GREY:WONEF - Post by User
Post by
perfidiouson Mar 18, 2015 1:47pm
195 Views
Post# 23534626
"Takeover"
"Takeover"At these prices why not buy a position, install your own management and participate in a sector that has in the past and will likely in the future be very profitable?
There are numerous companies providing services Weq owns and others currently interested in the space (see patricia123).
Weq has reputable/established, award winning assets in Britco and Enerbuilt, reasonable prospects for growth and an experienced albeit enigmatically impotent management.
It appears the favor Weq found in the analysts has come home to roost!
Even after the acknowledgment of APB's ill- timed purchase and impairment, external consideration for the changes were viewed as a forward looking positive.
Similar sector companies have an even greater exposure to the variability of oil prices with a subsequent yet less violent share price volatility.
Consensus tells us 'sell'. Is consensus correct?