Ah Bob,
''What a dumb statement - absolutely true BUT they will have the extra funds which, assuming invested to their normal standards, will provide that extra profit!''
Have a close look at the above statement .
Then have a look at WLE's price before the capital raising.
Then look at the price now [taking into account the dividend]
"absolutely true'' , I have highlighted the 2 true words out for you ,of the , oh so poorly aged statement from above.
Do I have a problem with Wilson management , too right.
And they have demonstrated why they do not deserve to trade at a premium [ seems a lot of people agree with me now] .
Doesn't mean that I wont take advantage of that to buy at a discount.[ seem to remember someone associated with Wilson's saying that was a good idea].
Who knows , there may be enough dumb people around to revive the fairy tale , and I will make some money.
Certainly worked a treat with WAM [unfortunately missed out on all the WAM irrational exuberance , but got a chunk] and WGB.
Not so good with WLE , but bought low , so not much damage done.
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Last
$1.31 |
Change
-0.010(0.76%) |
Mkt cap ! $1.789B |
Open | High | Low | Value | Volume |
$1.32 | $1.33 | $1.29 | $1.843M | 1.406M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 55056 | $1.31 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.32 | 5000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 55056 | 1.310 |
2 | 60760 | 1.300 |
1 | 4000 | 1.295 |
2 | 44275 | 1.290 |
4 | 17511 | 1.285 |
Price($) | Vol. | No. |
---|---|---|
1.315 | 5000 | 1 |
1.320 | 133856 | 6 |
1.325 | 184827 | 5 |
1.330 | 85655 | 7 |
1.335 | 52000 | 1 |
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