WSA western areas limited

Ann: Bank Facility Update - A$75m Credit Approved Term Sheet, page-2

  1. 682 Posts.
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    Bang! This is the sound ringing in the ears of shorter right now... Watch the unwind now. If I'm not wrong shorters were betting on a significant capital raise to find expansion but this has put another nail on the coffin of shorters. 100m would have been a significant portion of the current market cap, over 15% so they might have been right if that eventuated ....BUT AND THIS IS THE BIG BUT IT DIDNT...

    CONGRATS TO ALL HOLDERS. hold strong and each the unwind peeps.
    the significance of this will become clear over time.

    dyor and all in my opinion
 
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