WMT western metals limited

WMT didn't buy these shares in SRZ, they are part payment for...

  1. standrew
    500 Posts.
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    26/04/08
    08:10
    Post #: 3629584
    WMT didn't buy these shares in SRZ, they are part payment for the sale of its Zeehan tin interests.

    "Stellar will acquire Western Metals’ entire 60% share of Zeehan, for which Stellar will pay Western Metals A$300,000 and shares in Stellar worth A$878,000 for a total sale package of A$1.178 million. Western Metals will report an accounting profit of ~ A$1 million on this transaction"
    WMT Price at posting: 0.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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