Hi @Y4ukikmycow,what would be the sp price before...

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31/03/24

08:52

Post #: 73127904
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Originally posted by Y4ukikmycow: ↑

There you go absolutely proves that the company had no money to drill...just announced a sell off and with that behind them or the cash coming in from the sale they have given themselves breathing space to continue...as @zubric stated it maybe the smartest thing these fwits have ever done given they were in the REDZONE Cash wise as they need to pay the drilling teams upfront guessing around 300 to 350k for a couple of holes so they would have been borderline with the amount left in the tin tank an ASIC would have been all over them as the holding threshold would have been breached.

And we just seen a mini pump and dump on this dog so tipping a few traders are playing games but in the end it will retreat to whence it came as it does especially if history is repeated which is usually the case... wonder if they will stiff holders again an maybe stop the drilling again then do CR only to find zip or just more very low grade levels...wouldnt put it past them....History.

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Hi @Y4ukikmycow,
what would be the sp price before consolidation?. Unfortunately one of my family members still hold this dog. One consolation for me is the same family member bought WC 8 around 5c and still holding some. Very tiny investor. The SP now is in mid 70c . I can feel bit better what was lost in CZN , the family member could make many times in WC8.
I cut my losses with this dog, thanks to your posts.

CZN Price at posting: 1.0¢ Sentiment: None Disclosure: Not Held
1 Upvote

0 Great analysis

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