whats everyones thoughts, page-9

The deal for the Pary Mountain will be closed with the sp at these levels, then, they will allow the sp to fly....


Prove me wrong:

the announcement for the Pary Mountain deal was published on the 10th April.

Sums for the deal were done of-course just before the 10th April 2008 for AUD$2,675,000 in cash and AUD$4,690,000 in Western Metals shares valued on a 10 day VWAP up to the date falling 3 days prior to the Initial Payment

Share price just prior to the 10th April 2008 was around or below 7 cents. Look at the charts and price history and you will agree with me.


Tell me whose interest would be to keep share price at these levels...as I said in my earlier post we had a very good announcement and just did not do any good to the sp price up to 8.3 cents and pushed down to now 6.8 cents what a disgrace..

I do not even want to think that management does not get broker support to be able to close the deal with shares at around 7. What sort of negotiators we have in this company...

Note: these note is only my assumption and conclusion for what I see happening to the share price, the reaction on share price with the various announcements including those from yesterday and the day before and the timing of the announcement for the deal and its completion.

Do your own research.