WML 0.00% 0.3¢ woomera mining limited

Ann: Rights Offer Closes Oversubscribed, page-10

  1. 4,071 Posts.
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    I don't believe management are incompetent and I have full belief in their ability to progress Mt Vein otherwise i wouldn't be here. I also question why people stay invested if they didn't have faith in the board. Cheap rights issues are pretty common during this Covid time, but so are significant sp gains post raise. They have the cash and the project, now the just pending the approvals before things heat up. Chart wise, its a very healthy consolidation and an opportunity to accumulate more.

    Holding.
 
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