RE:RE:RE:RE:RE:What do you think?Hi Kojacks88,
We will soon find out.Shareholders had up to 2:00 p.m eastern time to cast their vote.
Don't know when the results will be announce but the meeting is for next tuesday.
Looking at the composition of the major shareholders + the fact that Letko( witch usually
disaprove most of the offers on witch they have holdings) tells me that this is almost a 100%
given.
P.S. my figures on the valuation of WFT is very close to the one of Dosperos.
If you look at the charts WFT did correct this summer in a two month span from $86.50 to
$67.50.a drop of 22%.
So this correction is in the norm of profit takers.Who knows when the slide will end but one thing is for sure, it will eventually resume it's upward movement.
For me, the big question will be,what will the new entity do with this windfall of cash???
Will they increase the dividend?
Give a special dividend
Buy back shares on the open market.
Look for acquisition(witch i doubt)
Reduce debt(witch is already very low)
Or else.
In any event, as a shareholder, i am very happy
Have a nice weekend