U Bull. Thank you for your thoguht.
However I will disagree with you on this one. Because people only got 1/2 of their holdings and they will be holding onto this. Reasons : wait for next leg up which we are in, taxation, tightly held stock, over demand.
Furthermore with the shares being evenly spread with all bidders getting a portion mathematically a major sell off is off the cards.
If on the other hand say 1000 bidders took all the shares, I would tend to agree.
- Forums
- ASX - By Stock
- WMT
- overloaded with shares unfortunately not u
WMT
western metals limited
overloaded with shares unfortunately not u, page-27
-
- There are more pages in this discussion • 13 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WMT (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
BTH
BIGTINCAN HOLDINGS LIMITED
David Keane, Co-Founder & CEO
David Keane
Co-Founder & CEO
Previous Video
Next Video
SPONSORED BY The Market Online