WC8 wildcat resources limited

3.85%

12.5¢

Dangerous advice, and nobody should take your post seriously....

First 34 Last

Share
Profile

Follow
pastperformer

8,635 Posts.

2611

01/11/23

06:38

Post #: 70655402
Share

Originally posted by misstrump: ↑

this is how I see it
Today in Wildcat, Mineral Resources bought GAM’s ( who was Wildcats major shareholder ) holding in a Cross Trade, GAM is a fund and not interested in Mining and have to return dividends annually to their shareholders. A lot of Major funds would have been after GAM’s holding of 200 mil shares. So Mineral Resources bought their 200 mil shares at 85 cents. This means now all the funds that like Wildcat now have to resort to getting a holding by buying on market. In this confusion and uncertainty of retail investors I’m guessing they are hoping to mop up the retail money that is washing around. Mineral Resources is now the major Shareholder of WC8 and this is a good thing, It’s validation that Tabba Tabba is a tier 1 project and Mineral Resources could now seriously advance the project into production by opening up their Port Facilities and Infrastructure to Wildcat.
The crossing of 85 cents now remains a critical benchmark for the ASX as it is deemed a 19.9% target and therefore any possible takeover must remain at 85 or higher for 6 months and can’t be less. Wildcat have 50 drill holes in the lab and once that’s released with the amount of drill rigs out there another 50 drill holes will be in there and so drill results should roll out from the lab every 2 weeks to the market over next 18 months. So I’m expecting WC8 to be a lot higher than 85 cents after 6 months and other takeover offers could come that Mineral Resources have to match or better. Mineral Resources see Tabba Tabba only 50 kms from the port as a Tier 1 project and want to advance it into production. The Retail market sold it off today as they thought GAM dumped their shares on market so must be no lithium as why would they sell. And also Mineral Resources have taken other projects in the past as a so called block trade and put them on a shelf once they got their 19.9 % holding. This is alot different once again a Tier 1 project and so I believe they have joined forces with WC8 to get this rapidly into Production and with that will become a big re rate in the $$ . . Min Res didn’t go to this trouble for nothing or to sit on their holding or to just sell at a $1 - watch this space - I’m expecting the Funds who missed out on Gam’s holding to follow Min Res and mop up the mum and dad selling and this will tighten up the stock even tighter and once again unfortunately mum’s and dads will get this wrong again
make no mistake it’s game on here
DYOR all IMO

Expand

No funds are going to want to buy WC8 after seeing MIN as a blocking state on the register. This is now uninvestable. See LTR, ESS, GL1 and AZS about to suffer the same threat.

Originally posted by Weasel1: ↑

Mum and Dad investors should just hang on if 85 cents was paid by Min Res if they want to take over down the track you will get a maximum of 85 cents per share
I think it will be played with now by bots so I suggest put it in your draw as you should make great returns on your investment
not financial advice

Expand

Dangerous advice, and nobody should take your post seriously. See above points.

WC8 Price at posting: 70.5¢ Sentiment: None Disclosure: Not Held
1 Upvote

0 Great analysis

Reply

Top Stories

Listen: HotCopper Wire Podcast 014 – Abu Dhabi wants to buy our 'true' oil and gas gem

ASX Market Open: Stocks slide as Trump tosses up attacking Iran directly | June 20

NVO

Novo flags antimony and gold in the Pilbara – but does it need to step back?

Friday’s HotCopper trends: Dreadnoughts's drill delight, Galan's beaut raise | June 19

PV1

Hydrogen tanker stock Provaris inks MOU with "K" LINE to provide advice

AL3

AML3D opens new facility in Ohio as US Defence strategy bears fruit

PIQ

Proteomics notches up as company launches PromarkerD into the US

HotCopper Highlights for Week 25: 4DS Memory, Meeka & Sprott-citement

Thursday's HotCopper trends: Second Amplia response, Race combo dosing | June 19

Week 25 Wrap: Fed & BoE pause rates ahead of RBA; Santos-ADNOC, Oz tax reforms

First 34 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.

(20min delay)
Last 12.5¢		Change -0.005(3.85%)		Mkt cap ! $168.0M

Open	High	Low	Value	Volume
13.0¢	14.0¢	12.5¢	$363.0K	2.793M

Buyers (Bids)

No.	Vol.	Price($)
32	2429058	12.5¢

Sellers (Offers)

Price($)	Vol.	No.
13.0¢	94920	3

View Market Depth

No.	Vol.	Price($)
21	2087311	0.125
5	571157	0.120
4	105185	0.115
3	759118	0.110
1	650000	0.105

Price($)	Vol.	No.
0.130	20000	1
0.135	332066	5
0.140	558404	4
0.145	549205	11
0.150	628543	5

Last trade - 16.10pm 20/06/2025 (20 minute delay)

WC8 (ASX) Chart

Dangerous advice, and nobody should take your post seriously....

Listen: HotCopper Wire Podcast 014 – Abu Dhabi wants to buy our 'true' oil and gas gem

ASX Market Open: Stocks slide as Trump tosses up attacking Iran directly | June 20

Novo flags antimony and gold in the Pilbara – but does it need to step back?

Friday’s HotCopper trends: Dreadnoughts's drill delight, Galan's beaut raise | June 19

Hydrogen tanker stock Provaris inks MOU with "K" LINE to provide advice

AML3D opens new facility in Ohio as US Defence strategy bears fruit

Proteomics notches up as company launches PromarkerD into the US

HotCopper Highlights for Week 25: 4DS Memory, Meeka & Sprott-citement

Thursday's HotCopper trends: Second Amplia response, Race combo dosing | June 19

Week 25 Wrap: Fed & BoE pause rates ahead of RBA; Santos-ADNOC, Oz tax reforms

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Dangerous advice, and nobody should take your post seriously....

Top Stories

Listen: HotCopper Wire Podcast 014 – Abu Dhabi wants to buy our 'true' oil and gas gem

ASX Market Open: Stocks slide as Trump tosses up attacking Iran directly | June 20

Novo flags antimony and gold in the Pilbara – but does it need to step back?

Friday’s HotCopper trends: Dreadnoughts's drill delight, Galan's beaut raise | June 19

Hydrogen tanker stock Provaris inks MOU with "K" LINE to provide advice

AML3D opens new facility in Ohio as US Defence strategy bears fruit

Proteomics notches up as company launches PromarkerD into the US

HotCopper Highlights for Week 25: 4DS Memory, Meeka & Sprott-citement

Thursday's HotCopper trends: Second Amplia response, Race combo dosing | June 19

Week 25 Wrap: Fed & BoE pause rates ahead of RBA; Santos-ADNOC, Oz tax reforms

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News