I wouldnt really call 643 million shares on issue as too many didier. Seems like a fair enough number for most of these types of specs. You may be right about the pump and dump, have seen it too many times in the past, but that was in the heady days of buy everything even if they announced a new tea lady had been recruited. I think in this current market with a volume of near 140 million today that there is some serious buying going on here.
WMT
western metals limited
this happens every few months then back down, page-6
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