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7.14%

1.5¢ west wits mining limited

they converted debt notes in 2021 at 0.7c usd ~ 1c aud or so....

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nikunjsahani

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14/02/23

09:43

Post #: 66229904
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Originally posted by GT55: ↑

Winfield have been in almost 4 years with their money, they only converted the debt note to shares a few years ago.
No I’m not buying back in and I don’t know what the value is now. This year is definitely make or break for shareholders, the company will continue regardless but it’s the value to longterm shareholders is what matters.
There has been an admission of mistakes being made, SH should tolerate the odd mistake, but,,, you should not keep tolerating them. I’m not a SH so it’s not my place to say who should go. If anyone has contact with Warick they should call him when he’s back from leave and ask a few tough questions.
I thought an asset sale was the best option back in 2017 through to 2021, I still stand by it.

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they converted debt notes in 2021 at 0.7c usd ~ 1c aud or so. Own 10% of the company so the future of sale/production prob determined to some degree by what their expectations are.

get a feeling MQ & others are keen on asset sale but wingfield want to go the distance unless x price. Agree this yr will be the make or break.

more in fill post this cap raise. My biggest que is why now & not 18 months ago. Surely it wasn’t the banks saying metrics don’t stack up for debt, else wouldn’t have seen a TT come through.

WWI Price at posting: 1.4¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 1.5¢		Change 0.001(7.14%)		Mkt cap ! $38.14M

Open	High	Low	Value	Volume
1.5¢	1.6¢	1.4¢	$42.63K	2.851M

Buyers (Bids)

No.	Vol.	Price($)
1	166665	1.5¢

Sellers (Offers)

Price($)	Vol.	No.
1.6¢	580882	6

View Market Depth

No.	Vol.	Price($)
1	166665	0.015
11	5614488	0.014
5	1424856	0.013
5	2537223	0.012
6	259033	0.011

Price($)	Vol.	No.
0.016	580882	6
0.017	3032837	4
0.018	962560	5
0.020	1760000	3
0.022	100000	1

Last trade - 16.10pm 18/10/2024 (20 minute delay)

WWI (ASX) Chart