loved Tywin Lannister quotes. Was the only one that could shut up his smart-arse son Tyrion. Not "father of the year material" though. Being shot while doing a dump is just a sh#t way to go out.
Back to Wattle Health, it will be interesting on how this trades after the first hour. If WHA can close at yesterday's price, or even finish in the green, then technically its an extremely bullish sign short term. If the stock can finish in the green today then it will break the $1.10 high within a week.
If it falls by another 15% on the close (similar to yesterday's fall) then it would re-trace further in the short term before consolidating.
I would say 1m yesterday would have sold knowing the placement shares are coming today. I would expect another 3m from the placement to sell. Overall this would be 4m of the 16m issued ... or around 25% (give or take another 1m).
WHA Price at posting:
83.0¢ Sentiment: None Disclosure: Held
