WA1 1.75% $13.99 wa1 resources ltd

Ann: Trading Halt, page-35

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  1. 11,554 Posts.
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    as long as it is to funds i am ok with this size and price. cap raises to sophs never ends well short term, but when it is taken by funds that have no intention of selling quickly (and let's be honest who would by a large amount of an illiquid stock like this if you were short term), then its a very solid base - as we have seen with the previous raises.

    Gee there are some total drop kicks around twitter and hc though. They love a good conspiracy theory. This company raises higher every time, small amounts to keep the registry tight and loyal... and just enough to not over dilute when they know higher prices await. Thats what you get with great mgmt who have loads of skin in the game
 
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