RE:Time to light the fire under WPX spblackwood... the statement in the NR states WPX receives strategic investment. It doesn't state receives offer.
Is this a moot point and does the common SH hold enough votes to stop this from going forward ?
Double the shares is certainly how Pat positoined this previously... but he has diluted previously with China Blue and looking to do the same here. Let's face it.. managment ogt their shares free. $0.30 is likely fine in their view.
At this point I dont know whether to sell at $0.30 or stay the course and see what happens.
I hope what you state in your previous post ic correct.