I think the company does need to clarify when they do indeed release the drill results why they or the independent assessor deemed it necessary to QA / QC the results. They are either extremely good or extremely poor or extremely variable one would speculate. The only people who truly know why wingfield executed their options 2 years early is them.
Couple reasons come to mind:
- They were already well in money.
- To play king maker in a potential takeover.
- to support the board in defending the registry.
etc.
All are equally possible plus many more reasons. If someone spends too much time dwelling on and waiting for a stock to come off conspiracy theories come to life! I've convinced myself many times a stock is a sure thing to see it evaporate into the ether.
I think the company does need to clarify when they do indeed...
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Last
1.3¢ |
Change
-0.002(13.3%) |
Mkt cap ! $33.04M | |||
| Open | High | Low | Value | Volume |
| 1.5¢ | 1.5¢ | 1.3¢ | $85.16K | 5.862M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 5391514 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 410000 | 2 |
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| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| WWI (ASX) Chart |