Australia's largest stock trading and investment forum Australia's #1 stock forum

WRM white rock minerals limited

0.00%

6.3¢

Thanks again....this has been a sad story for a long time.

First 7 Last

Share
Profile

Follow
sandfire

2,934 Posts.

503

07/09/22

19:38

Post #: 63573616
Share

Originally posted by mattyedw ↑

G/teed return on there investment or the notes would not be able to be converted

The only persons that pay for it are sh’ers with massive dilution and/or a tanking of SP

After the price tanks they just raise again at the tanked price and holders get smashed again until the SP hits 1-2c and then there’s no more conversions available and the stock goes into admin where they will sell it for 100-200 dilution to someone who will either rehash the story of woods point again(unlikely) or it will be sold on as a shell to move on to newer pastures with a new set of BOD, but normally they are all connected ready for the next fleecing of Mum and dads monies

Expand

Thanks again....this has been a sad story for a long time.

WRM Price at posting: 9.6¢ Sentiment: None Disclosure: Not Held
1 Upvote

0 Great analysis

Reply

Top Stories

SYR

Syrah jumps +19% as graphite tariff threat spurs optimism down under

STN

Saturn brings up seventh straight Apollo Hill upgrade on 'impressive' 300-hole drill run

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

HotCopper Highlights: Trigg; Droneshield; Lumos & more

Week 29 Wrap: ASX hits new all time high of 8,766pts ahead of Aug 1

AII

A new NASDAQ listing for a key player in the global critical minerals space

SER

Strategic Energy extends its QLD copper-gold frontier with Diamantina acquisition

PSC

Prospect's Mumbezhi Project puts it at the middle of copper's megatrend. And FQM just bought in

DRO

History repeats for DroneShield investors but carnage so far subdued

BDM

Burgundy plunges -20% after turning to layoffs to navigate record-low diamond prices

First 7 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Thanks again....this has been a sad story for a long time.

Top Stories

Syrah jumps +19% as graphite tariff threat spurs optimism down under

Saturn brings up seventh straight Apollo Hill upgrade on 'impressive' 300-hole drill run

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

HotCopper Highlights: Trigg; Droneshield; Lumos & more

Week 29 Wrap: ASX hits new all time high of 8,766pts ahead of Aug 1

A new NASDAQ listing for a key player in the global critical minerals space

Strategic Energy extends its QLD copper-gold frontier with Diamantina acquisition

Prospect's Mumbezhi Project puts it at the middle of copper's megatrend. And FQM just bought in

History repeats for DroneShield investors but carnage so far subdued

Burgundy plunges -20% after turning to layoffs to navigate record-low diamond prices

Featured News