Until I added more shares in recent days my average price bought at was $3.84. So I've bought more shares remembering an uncle's comment 'In for a Penny in for a Pound'. However that only takes the average price down to 14.5c so a long journey ahead.
There should be an announcement on Monday or Tuesday extending the date of the offer. If M & G finishes selling the share price might rise or perhaps the directors will buy up the shortfall.
Back in 2004, present Chairman/ Managing Director Brian Flannery bought into Felix Resources through his company White Mining when that company was on the floor. The floor price for Felix Resources, then known as Aurion Energy, was the equivalent of 35c a share peaking in 2008 at $23.00. So on that basis, I remain confident the ride is not over just yet.
https://www.miningmonthly.com/markets/international-coal-news/1278312/md-felix
https://www.smartcompany.com.au/finance/economy/20090811-the-mining-takeover-sets-felix-resources-bosses-up-for-1-billion-pay-day/
From the above links it can be seen Brian Flannery has a hell of a lot of experience and previous success.
- Forums
- ASX - By Stock
- WEC
- Ann: Proposed issue of securities - WEC
Ann: Proposed issue of securities - WEC, page-5
-
- There are more pages in this discussion • 1 more message 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 WEC (ASX) to my watchlist
(20min delay)
|
|||||
Last
3.5¢ |
Change
0.003(9.38%) |
Mkt cap ! $6.964M |
Open | High | Low | Value | Volume |
3.2¢ | 3.5¢ | 3.2¢ | $424 | 12.55K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 192547 | 3.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.0¢ | 51560 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 40000 | 0.035 |
1 | 35748 | 0.028 |
1 | 1000000 | 0.003 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.050 | 51560 | 1 |
0.000 | 0 | 0 |
0.000 | 0 | 0 |
0.000 | 0 | 0 |
0.000 | 0 | 0 |
Last trade - 13.39pm 28/06/2024 (20 minute delay) ? |
Featured News
WEC (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online