AW1 3.70% 14.0¢ american west metals limited

Ann: Noosa Conference Presentation, page-35

  1. 23,968 Posts.
    lightbulb Created with Sketch. 1363
    Rather than offer you something... I didn't, I got rid of the content as soon as I saw your post as you're only here for an argument.

    Other than a few more details I did type that the market is a simple beast, it doesn't ascribe value for juicy targets. Shareholders wet themselves over juicy targets and wonder why the market doesn't... 2/3rds of mining companies are useless, they have a Top 20 who'll tell you different, they too have juicy targets, they too are unique... but they're not.

    "We're looking for a mis-price gamble" Charlie Munger

    Punters here are their own worst enemy. They flipped out last year and pushed this up to a $200mil mc on what turned out to be an announcement that was far beyond them to interpret correctly but that didn't stop the rampers, so this stock is now one that can potentially overshoot in both directions, it's volatile, whether it's at the bottom we'll leave that to the market makers. Do you not see the massive build ups from relatively nothing on the buy and sell side as they get this to where they want it, all the time testing and probing?

    Dunno what's going to move the sp.

    Punters backing hopium is a boon for those playing around with the share price. Remind me when was the last price sensitive ann that ended with a re-rate?




    Last edited by Bunn-Wackett: 22/07/24
 
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