WSA 0.00% $3.86 western areas limited

Ann: Western Areas Announces Placement and SPP, page-2

  1. 492 Posts.
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    I have to thank director, and ex CEO, Julian Hanna for selling a month ago. Which shook me out of WSA..
    What are they doing? Diluting at the bottom? This really stinks of management raisong cash to smooth the way to a bigger paycheck ahead. Seems terrible for shareholders. The other interpretation, is that they are struggling to replace their short life resource. Either way not good.
    Hanna told me at least once that massive sulphide deposits tend to keep getting bigger. It hasnt happened at Foerstania. Good luck all
 
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