Hi Ophir and all,
Well at last a little excitement in WCN. I’m not making a comparison but have you looked at the price action on a stock drilling in Brazil: ASX-BBX. They have some similar drilling results in regards to grades but not the number of holes drilled so far to date.
I was thinking about jumping in but will wait until I have more information to go on, by the way if anyone here has a source of information I should read I would appreciate a link.
Looking at the price action in WCN it would appear people want to get in but are loathe to pay up possibly because the recent SPP was far too generous at 0.6 of a cent. Still I guess for those shareholders that where quick off the mark it certainly looks like a bargain without even considering the attached option. I don’t recall my local bottle shop offering a buy one carton and get another for free and come back next week and get another at half price. I put that in there just in case Dan Murphy was reading.
We still have plenty of news from the AUCU project to look forward to and then the exploration work in WA.
Good luck to all current shareholders and to those on the side lines waiting for a low entry pre-the Magna Corp departure please remember you were warned by at least one shareholder!!!
Now for some shocking news for central bankers around the World from the Pommy news-papers:
“There’s no magic money tree”
http://www.theguardian.com/commentisfree/2015/oct/04/printing-money-jeremy-corbyn-quantitative-easing-peoples-qe
In the spirit of the pantomime season almost upon us some banker’s may shout “Oh Yes There Is It’s Behind You!!!”
By the way Merchant Banker is popular Rhyming slang in the UK.
Cheers and very best regards: Andy
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Last
1.7¢ |
Change
0.002(9.68%) |
Mkt cap ! $27.69M |
Open | High | Low | Value | Volume |
1.6¢ | 1.7¢ | 1.6¢ | $50.53K | 3.151M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 1650000 | 1.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.7¢ | 2290000 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 1650000 | 0.016 |
16 | 8600755 | 0.015 |
11 | 3505927 | 0.014 |
15 | 5795489 | 0.013 |
4 | 457716 | 0.012 |
Price($) | Vol. | No. |
---|---|---|
0.017 | 2290000 | 7 |
0.018 | 4971199 | 14 |
0.019 | 1073859 | 4 |
0.020 | 2955900 | 7 |
0.021 | 3310118 | 11 |
Last trade - 15.27pm 01/08/2024 (20 minute delay) ? |
Featured News
WCN (ASX) Chart |