WSA 0.00% $3.86 western areas limited

Ann: Western Areas Declares First Dividend Paymen, page-5

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    re: Ann: Western Areas Declares First Dividen... thanks for the observation entropylord, and yes jojo I think the best is yet to come, barring PON retracement.

    Demand for quality stainless should improve as global sentiment recovers IMO, which could take a while, hopefully Chinese demand will keep it on the boil however.

    In any case moving into the category of a dividend paying stock, plus the recent bounce in PON and drop in AUD and $4 being near term lows, may IMO induce a short covering rally this week, depending on how short sold it is.
 
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