When WA1 first announced their first set of results they where at around $1 then raced to around $3 then slowly drifted back to below $1, the rest is history, reached a high of around $23 and now back somewhere around $15. They have done several cr's and these generally have had the same impact as the LRV cr but these have not produced a long term downturn. Institutional investors did not buy in at 52 cents because they thought it was a duster.
I dont see a re-rate until the next lot of news, that maybe before of after year end who knows but IMO matters little. So many trolls who use words like hype but offer little evidence to suggest they have done any real research. I dont have them on ignore but neither do I reply to their low level posts as thats what they feed on, other users reactions. No value in trying to put a different point of view as they are not interested.
If users dont reply they will soon get bored and pollute another forum.
LRV Price at posting:
43.0¢ Sentiment: Buy Disclosure: Held
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