WC8 0.00% 24.0¢ wildcat resources limited

Ann: Trading Halt, page-100

  1. 751 Posts.
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    As flagged before, I'd been watching for a while. The oversubscribed placement was my signal to get in.

    I started playing around with trying to get the entry point right, as I felt sure I could get in for under 5 cents a share if I were patient, but FOMO took over, and a couple of pips should (hopefully) make no difference in a few months time.

    My view is that if the good news does flow (and I have no more insight than anyone else here) then the MC could quickly jump to around $100M. At that point, 1/2 cent either way doesn't matter, but missing out certainly does.

    So I'm holding till the news. Worst case = bad results, SP drifts to about half what it is now and we rethink the strategy. Best case = a number of catalysts all come up green, and I'm free carried into the future with plenty (for me) still to ride on it.

    All IMHO & DYOR
 
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