WMT western metals limited

mickqld, page-65

  1. 2,541 Posts.
    Jamiroquai, I thought it had to be the cavalry coming to the rescue, I mean, it was one thing to hold out for the rally, but only someone dumb enough to run a super fund would have actually been buying today.

    But you know, I've just noticed that that's exactly what was happening last week. 4.2 mill accumulation over ten days, despite the black candles.
    3.2 mill distribution today. Only a million to go, or this is what goes in the kitty? 17.5c is a slight support for mine. Will be interesting to whether it can manage that bounce and how far it can get. 21c would be a challenge now. It would have only taken one decent sized investor to turn this around last week. Makes me think there isn't one there anymore, or they just think they can get the whole company for a couple of cents a share.

    Motoprom I haven't sold the RMG because the brokerage would cost more than the sale price of the shares. In any event, they'll be proposing a scrip bid takeover of WMT and BLR next week, that'll get it moving! LOL
 
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