WCL

WCL is under attack from a Chinese company wanting to usurp its ownership.  But strangely, the market does not believe that it would be successful so the share price remained well belong the offer price!

Nobody wanted WCL so I topped up at 28.5c just a week or so ago.  Of course, it has dropped below that but this AM, it is 30c.  I don't have a lot of spare cash that my wife allows me to dabble with unfortunately.

Today, it announced that STO needed more gas for its GLNG gas plant for the next 20 years!  Nothing is productive yet at WCL and it is said that its gas is very hard to extract.  But why would STO sign for 20 years if it doesn't already know something positive.  The Chinese mob is going to be stirred up now.