WSA western areas limited

Ann: Extension of Closing Date for Share Purchase Plan, page-8

  1. 3,151 Posts.
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    Thanks for info. Dont understand why they do a fund raise without an in the money guarantee. So no need to worry for WSA? Strike price above current market so they dont really need retail 15m. All i see is a drop from 2.60 to 2 10 which shows no support.

    looks like it a bottom draw jobby until expansion is completed
 
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