WTM 9.09% 12.0¢ waratah minerals limited

What exactly have management done that is so wrong? The SP...

  1. 78 Posts.
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    What exactly have management done that is so wrong? The SP dropped from 7.5c to 5c when they announced the funding package which many people were sooking over. The funding package then gets canned and the SP drops to 3c? That means either it was overpriced at 7c or underpriced at 3c.

    This isn't a home loan they are after. It's a $30 million virtually unsecured loan. Was never going to be easy. Cut them some slack.
 
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