WTE wedgetail mining limited

10 for 1 consolidation proposed, page-12

  1. 1,536 Posts.
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    Crow......my comments were factual and I was not having a go at individuals..I said that if you own shares you "may have some chance" of recovering your money if you are behind, unlike options that expire out of the money!..

    Sometimes being 'in the know' might not be good because as you said, if a director said things that weren't true you would have made a decision on false advice....What I don't understand is how can a director give you or any other person information that is not know by the general public...Surely that smells of insider trading, so you should have been a little suspicious in the first place....The fact that this director is now gone is great news for us long term holders because if he lied to you or others, now not been there will in my opinion will be another reason why WTE will move forward in the months to come.

    You say you can back up your claim.....If you can and I don't doubt it, why haven't you taken legal action against those involved?....Surely you'd have some chance of recovering your loses if that was the case..

    In my opinion, the reason why there isn't any buying or share price action of late is nothing to do with brokers not wanting to touch it. First of all not many brokers covered this stock anyway and it was mostly share traders that directed the movement of the stock. That's why the share consolidation will be a big + as it will get rid of most of the traders as we get closer to the real deal.

    The market is fully aware that any real action is about 12 months away and there are other better shares to buy and make money on in this period of time. So unless like myself you bought your shares 'some time ago' people are not putting money in to WTE at the moment.

    I like you have done a lot of research before getting in to WTE and the last 12 months have been the best news I have heard in the last few years and I believe it will only get better from here on....
 
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Currently unlisted public company.

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