WMC wiluna mining corporation limited.

Hi @GravityWaves strong show of support from the market when...

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    Hi @GravityWaves strong show of support from the market when institutional investors are supporting the company to run hard and fast.

    I was correct in thinking this raise would offer very little to retail.

    Now that the instos are locked and loaded we may get a good push in SP post Dec QTRly and Reserve update. Will be interesting to see who pops on to the register from this raise.

    I wonder if Delphi maintain their % and got an opportunity to participate, time will tell?? Interesting, price for the raise seems very close to what they paid off market recently utilising their creeping provision to buy 3%, looks like these guys have their price of capital locked in or a threshold they are willing to pay. Problem with this strategy is it can bite you hard on the bum if you don't allow the company your invested in to move upwards in SP because your motive is to accumulate as much as you can as cheap as possible. This Is mining, there is always execution risk I hope they have a plan b.
 
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