my only concern now is how will the trading in london effect our aussie price?. The volume is pathetically low, and just about anyone can take this down (at the mo) on very few shares. With 120koz pa starting next june, and i assume they may manage 80koz this current financial year, this stock has to move above 600mill mrkt cap or about $3. Not to mention reserves update coming. If they propose close to 300koz stage2 even with cap raise games, the stock should rise to 1.5billion within 18months. Otherwise there is no point investing and deliberately holding price down. There are only 30% holders left. So its getting hard to steel anything. Theyd be at logger heads agai st each other. Better to see a staged rise in sp, even milan said thats what he wants.
WMC Price at posting:
$1.02 Sentiment: Buy Disclosure: Held
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