Trades indicate little buying interest this week, however there has been little interest in selling either, which is a relative relief after the previous assualt on the materials sector of late.
Appears to be support at the 18.5/19c level, but let's see if it hangs around if the market gets another beating next week.
If it does, then it bodes well for a relatively illiquid sector of the market.
I have half a mind to buy out the 19.5-23c lines, JUST to see who is serious about holding, and who is still feeding into the sell side in 10 000 share increments.
Unfortunately, better opportunities present elsewhere right now with my limited funds, but trading activity this week might hopefully give better indication of what the register truly thinks is fair value, AT PRESENT...
WAK Price at posting:
19.5¢ Sentiment: Buy Disclosure: Held
