Balancing act (?)21 Sep 2017 18:28
Fair comments;
""Probably finish buying when in a takeover position. They’ll get a great company like Ingenie then for cheap""
"" PI's just can't win....""
But here is what we were told only yesterday..NOTE: That last line!
""I would also like to thank our investors who have been patient and maintained support for the Company as the intense work to deliver the best possible value from all our assets has continued. The Board remains confident that we will go on to reward that support.""
Here, also from yesterday, is what we've got to watch..
"These potential divestments will be determined with a view to maximising shareholder value taking all factors into consideration.""
So to get value..
"With the stabilisation and improvement of our operating businesses, there is no undue pressure to dispose of any assets unless fair value is achieved. ""
So ( I think) we have good to great companies building profits, cash in the bank, reduced costs, II's buying in on a large scale, the FSO doddering about the place for a limitless number of years, S&G trying to stay alive and YLF along on the off chance.
On balance, it looks to me that WTG is well ahead and should remain so.