I was in at 35 cents and I still think WAF has been a disappointment as an investment from a risk reward perspective versus many of my other mining investments. Of course management has a huge impact on share price and if they are going to issue $150m worth of new shares at $1.37 yes they collapse the price as we have witnessed today. It's not like we have had a market crash - ASX close to all time highs. The thing moving the share price is managements decisions. Gold price up US$600 since they started mining!!!! I feel sorry for so many WAF investors that have been burnt along the way by poor WAF management decisions and have had to sell out at shite prices for various reasons over the past few years.
Ann: West African Receives Firm commitments for A$150m, page-28
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Last
$1.79 |
Change
-0.040(2.19%) |
Mkt cap ! $2.031B | |||
| Open | High | Low | Value | Volume |
| $1.84 | $1.84 | $1.77 | $6.983M | 3.878M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 27172 | $1.78 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.79 | 27378 | 1 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| WAF (ASX) Chart |