WLF 0.00% $8.75 wolf minerals limited

capping or normal volatility, page-7

  1. 1,559 Posts.
    We will find out soon. The recent share price advance that was fundamentally unwarranted as well as the more recent drop to me was a clear indication of what to expect. Hence my comment regarding the financing question remaining unanswered. During the last couple of weeks I have seen similar stock price behaviour in several stocks (SLR being the most recent one) that culminated in a cash raising, too.

    Assuming an acceptable discount to the vwap I would expect this raising to be the (hopefully) last one before production starts in the summer of 2015. In other words this could seen as a reasonable buying opportunity.
 
watchlist Created with Sketch. Add WLF (ASX) to my watchlist

Currently unlisted public company.

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