WDR 0.00% 14.5¢ western desert resources limited

Ann: Trading Halt , page-31

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 7,556 Posts.
    lightbulb Created with Sketch. 1776
    Hardly. If the SP holds (as it currently is), the SPP will see you buying more shares at 65c. Now, it won;t be until Nov so with shipments likely to commence before then, the SP should be sitting well and truly higher than 65c. Short-term a bit of a downer, but mid-term it will be a cracker.

    So, as SH we get the option to acquire cheap shares. WDR as a company releases itself from a high interest finance facility. Win/win in my books for a very minor dilution.
 
watchlist Created with Sketch. Add WDR (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.