WSA 0.00% $3.86 western areas limited

Why I think that if IGO bids it needs to be at least $4.00 per share., page-184

  1. 10,808 Posts.
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    The drop in the NP has been the cause of the drop in WSA SP.
    meanwhile the nickel stocks continue to drop! Unless nickel starts coming out of hiding(unlikely but possible) there is only one way for the NP to go as stocks get further drawn down. With or without IGO, WSA will hit the market with new supply right on the money imo.
    T
 
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Currently unlisted public company.

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