WCN 5.88% 1.6¢ white cliff minerals limited

When it started to quickly sell off a lot of orders got pulled...

  1. 225 Posts.
    lightbulb Created with Sketch. 131
    When it started to quickly sell off a lot of orders got pulled on the buy side which means we have to many fake buys at the moment on the stock = ⚠︎

    Then everyone catching the stock (knife) have stacked immediately on the sell side hoping for a trade, which means not long term investors = ⚠︎

    IMO - This might even start to touch 1.2 cents or even 1 cents again which then it will definitely be worth a buy and be undervalued. I was thinking they might drop some news before the options (WCNOE) expire to help steady the SP. However it looks more like now it will be sold off by the majority of holders/traders.

    It certainly is worth more then the current MC, however will not be buying until traders move on and more investors take positions for the long term position of the company. Just hope NO bad news drops, because this also means they are informing certain holders before retail which will completely destroy any investor confidence.

    Good Luck...

    Have a nice day!smile.png


    Last edited by TheLittleMan: 13/02/24
 
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1.6¢
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1.7¢ 1.7¢ 1.6¢ $97.51K 6.035M

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5 9323384 1.6¢
 

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Price($) Vol. No.
1.7¢ 4352476 15
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Last trade - 16.10pm 10/05/2024 (20 minute delay) ?
Last
1.6¢
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