What evidence do you have that the price rise is from the broker conducting the raise and not the appeal success / massive increase in resources?
My evidence is two fold;
I've observed the trading action prior to quite a few WWI raises - since well before you showed up here.
That and i'm not ignorant to how brokers manipulate (especially low mcap) companies SP prior to the raise being announced to set the VWAP where they want to raise at. This is a common occurance on the ASX.
It's actually a far more realistic question to throw back at you - what evidence do you have that this latest "spike" is due to GP or company "progress" rather than my anecdotes?
Chairman (Director) on a 6 months Performance Plan/Notice due to an inability to start mining, page-309
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Last
1.3¢ |
Change
0.002(13.0%) |
Mkt cap ! $32.99M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.3¢ | 1.2¢ | $14.53K | 1.123M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 6225000 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 1442014 | 2 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| WWI (ASX) Chart |