Tinkler is not the reason for the sp plunge.
The Chinese are "probably" (based on my numerous personal experience in stocks I hold/held with Chinese suitors - more like opportunistic pillagers) systematically destroying the WHC sp (via their proxies) and then eventually lob a low-ball bid seemingly reflecting a premium to the average sp over a period.
If I am right, the bid won't come so quickly. The Chinese will keep hammering the sp for a few months yet and take advantage of the next set of bad news in ASX release.
I wouldn't touch WHC until it hits $2 or less.
Problem is the company is not making a buck (losing money). The Chinese smell blood and at some point will go for the jugular. WHC holders will entered at mid $3s will bleed to death.
- Forums
- ASX - By Stock
- WHC
- chinese kiss of death
chinese kiss of death
-
- There are more pages in this discussion • 34 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WHC (ASX) to my watchlist
(20min delay)
|
|||||
Last
$7.10 |
Change
-0.550(7.19%) |
Mkt cap ! $5.939B |
Open | High | Low | Value | Volume |
$7.39 | $7.41 | $7.03 | $98.40M | 13.68M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 32869 | $7.10 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.12 | 82886 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 13525 | 7.090 |
2 | 383 | 7.080 |
1 | 2000 | 7.070 |
1 | 4250 | 7.060 |
4 | 1800 | 7.050 |
Price($) | Vol. | No. |
---|---|---|
7.120 | 4000 | 1 |
7.150 | 7500 | 1 |
7.160 | 2000 | 1 |
7.190 | 1000 | 1 |
7.200 | 9300 | 2 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
Featured News
WHC (ASX) Chart |
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online