WFE winmar resources limited
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pilbara fe jnr due for a rerating ?, page-4

  1. Freehold
    24,192 Posts.
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    04/02/12
    03:13
    Post #: 9644185
    There is no catch as far as I can see.... problem .. just forgotten and unloved...

    Just how I like them...will run when market wakes up ...IMHO

    A little less that half of FMS Resource if target proved so lets say 40% of FMS takeover value.. would give WFE a Mcap of $221m Current Mcap around $7m....

    Now they would need to cough up approx $30m to buy out other 49% from Cazaly...

    So In the future could we see MCap 31 x the current Mcap??

    So some way off... sure... makes you think...

    WFE Price at posting: 9.8¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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