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.

ha ha ha! Ok, we will wait and see then won't we. Do you really...

First 272 Last

Share
Profile

Follow
Travvo88

632 Posts.

42

22/08/18

19:01

Post #: 35104754
Share

Originally posted by Dabble010 ↑

well it's a good thing we aren't looking at a leopard and we are talking about a stock.
it's interesting, because I can throw in something unrelated and say didn't Apple almost go bankrupt at one point? but then I am talking about something unrelated.
and for good measure I'll bring in a fancy word with no real support "downside risk".

plenty more support on the upside argument
- debt being paid off
- cashflow positive at h2 fy18 despite a bad quarter.
- agreement on some other income through royalties for Potash, should start to kick in FY19 (latter).
- potential sale of cobalt (what this looks like yet, yet to be seen - but it's a saleable asset)
- POG May have hit the bottom and now possibly on a upward trend.
- prob a few other things to think of but this is prob enough to support a positive outlook.

IMO

Expand

ha ha ha! Ok, we will wait and see then won't we.

Do you really think this stock is in such a downtrend for no reason?

BLK Price at posting: 4.1¢ Sentiment: None Disclosure: Not Held
Upvote

Reply

Top Stories

Week 44 Wrap: Relatively boring week ahead of US election; HotCopper's most watched; Oz inflation at 3.5%

MIN

Movers and Shakers: Zip Co, MinRes, Kuniko, more – The week's top ASX gainers

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

The Altcoin Landscape (Part 1): Key alternative cryptocurrencies to watch

Aussie inflation seemingly hit a 3 year low. So why's the ASX200 red?

What each US election outcome would mean for Australian companies & investors

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

'We're looking': Nickel-rich Indonesia sounds graphite warning to Aus producers

Bitcoin hits fresh record as instos pile into BTC ETFs – and Trump helps, too

Making money: How many microcaps should be in an investor's portfolio?

First 272 Last

Add WMC (ASX) to my watchlist