WSI 3.85% 12.5¢ weststar industrial limited

Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-10

  1. 4,433 Posts.
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    Look at most explorer's with 2-4million$ in bank, a few tenements they acquired for 500k-2million$ and are valued up at 80million$ MC. Technically WSI could stop what they are doing with 28million$ in bank, buy a few tenements 2-6million$ in value and remain with 22million$ in bank and be valued above 100million$, surely that would be smarter than staying listed on ASX as WSI with same MC as cash in bank forever, like they have?
 
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