Yes I follow but cannot comprehend how this could be so cheap. Between you and me JustB maybe we should keep this to ourselves and quietly buy up the shares. What do you think?
At $0.05 per share the company is capitalised at $2.6m.
Company was floated in December 2007. As you say, co has plans to sign a joint venture with korean consortium (Daewo plus Korean government) on 20 October. Consortium to spend $5m for 50% share of Nickel project. WCN also has picked up a new highly prospective nickel project at Lake Johnson and has iron ore and manganese in the pilbarra plus another iron magnatite project in Esperence.
To top it off, the company has $4.4 million in cash.
Who knows, once the Koreans are on board maybe they will join them in some of the other projects too.
von.
anyone still following this one., page-2
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Last
1.9¢ |
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Mkt cap ! $30.86M | |||
| Open | High | Low | Value | Volume |
| 1.9¢ | 1.9¢ | 1.8¢ | $66.14K | 3.592M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 2466666 | 1.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.9¢ | 4552297 | 13 |
View Market Depth
| Last trade - 16.10pm 06/06/2024 (20 minute delay) ? |
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1.8¢ |
Change
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| Open | High | Low | Volume | ||
| 1.8¢ | 1.9¢ | 1.8¢ | 5482383 | ||
| Last updated 15.51pm 06/06/2024 ? | |||||
| WCN (ASX) Chart |