The SIG bid, seems, IMO. to be based mainly on appealing to roll-over tax considerations. Being significantly linked to the SIG share price, the bid price, pre tax considerations, might fall below the WES all cash bid price. I doubt that WES will make a third bid price - given the SIG bid price is, pre tax, almost the same as the WES bid.
Is SIG serious? or is SIG just attempting to block competition from WES?
Regards
Old Fisherman
API Price at posting:
$1.47 Sentiment: Hold Disclosure: Held