Back of the envelope says the company needs 250 million to get it over the line which is nearly 4 times it's market cap hence if there is no white knight out there this will be sold via administration to the highest bidder and I don't believe it's about the price to buy it's about the cost to run wiluna , you would basically have to sell it for $1. Then maybe Newcrest or Nst might be interested
- Forums
- ASX - By Stock
- WMC
- Ann: Trading Halt
Ann: Trading Halt, page-15
-
- There are more pages in this discussion • 13 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WMC (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online