WSI 0.00% 12.5¢ weststar industrial limited

Ann: Appendix 4C - quarterly, page-23

  1. 24,192 Posts.
    lightbulb Created with Sketch. 5566
    Ok be careful here I have (according to latest 3b) it as approx 690m Shares undiluted (approx $32m mcap @ 4.6c) if you include the 75m of shares escrowed until 2nd Aug 2019 (in 3 days time they come out of escrow.)

    Coincidentally !! there is a large jump in orders/profit right on the end of the qtr ... and reported in Qtrly 3 days before the escrow matures ... another coincidence ? Not likely IMHO

    My cynical opinion is that this is no coincidence and I expect that the escrowed will be heavily dumped into this rally starting on Aug 2. Trade the trade but don't be under that concrete Precast Escrow wall when (and if) it falls on the 2nd Aug.

    Of course I could be completely wrong. Lets see how it plays out. Timing just seems too convenient to me.


 
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