WMT western metals limited

too expensive still

  1. ptawn001
    182 Posts.
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    31/07/07
    17:29
    Post #: 2670648
    WMT's current market capitalisation is 4 times its cash reserve. This is far too expensive for a company that has no revenue. I reckon 11c is fair value at this stage of its development, so I will wait.

    Just my thought.
    WMT Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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