RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:WRN Boardwhat in the world are you looking at???
$2.83USD 3 year high X 159M shares = $450M USD
$6USD X 207M shares = $1.24B USD ---- more like close to 3 X
and spoiler alert...the $2.83USD high was valued too high because you should recall...NO ONE thought we would be sitting here 3 years later still operating as WRN but would have been acquired by now. Chalk it up to your hero..Dale Corman setting unreasonable and quite erroneous expectations and that's the most likely reason for a good portion of the $2.83USD spike that was not sustainable.
Don't you recall all the interviews with Dale/Paul --- Crux, etc. All giving each other pats on the back, asking Paul what his capacity would be within Rio developing Casino , Dale saying Rio DD almost complete and he doesn't expect it to go past the FIRST deadline? Wake up...stop taking price spikes as the base case. Stop taking the end of fiat as the base case. Start taking into account that Casino as an asset has gone up in value over the prior 15 years.... but your share price perhaps has not. Carefully consider that last statement when an offer comes!!!!