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

WMC

Click for more information

0.00%

20.5¢ wiluna mining corporation limited.

Captain, Hope you get back in when you see fit and take this...

First 108 Last

Share
Profile

Follow
cjbjb2702

7,605 Posts.

172

08/02/16

14:51

Post #: 16967738
Share

Originally posted by CaptainGrumpy ↑

No arguments with any of that CJ. It's been my most profitable stock traded in the last 2 years, and I really like the work Mgt have done. The last 12 months has been nothing short of outstanding. My only reason for selling out is described above. At current market cap, I think the DFS is priced for perfection, which it may well deliver (likely IMO), but I wouldn't expect a significant re-rating. Risk to downside exists if DFS even mildly disappoints. Nothing goes up in a straight line forever.

That aside, for most people, simply holding through ups and downs is the right move, plus you avoid triggering a CGT event. I've changed my sentiment to hold on that basis. Certainly not selling without the view to get back in on a correction. GLTA

Expand

Captain,
Hope you get back in when you see fit and take this stallion for another ride.

BLK Price at posting: 43.0¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 89 more messages in this thread...

First 108 Last

Add WMC (ASX) to my watchlist

SPONSORED BY