"West Australian Metals' major shareholder, Polo Resources sells...

"West Australian Metals' major shareholder, Polo Resources sells some shares
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Polo Resources has taken advantage of the uptick in share prices to offload some shares in West Australian Metals (ASX: WME) in July and August.

Polo disposed of 4.5m shares at around 20 cents per share in on-market sales. Polo still holds 55.4 million shares, or 12.3% of WME."

I called with different people of WME.
Some people, they bought privately some WME-Shares by the Deal with Polo, need Cash for CapitalRaising by Extract. So they sold some Shares. They also sold shares from three other Companies. But not some, they sold more than 50% of the shares of this companies. No further selling will be done.

I saw the last days packages selling and was wondering about that. Now i know, why the sp currently gone back.
Know i have the explanation about this.

Drilling is underway, licence and further results will be there in the next 4 weeks.
It seems good. My opinion.