forget the emotion, is wiluna worth $100m?, page-4

  1. 1,592 Posts.
    lightbulb Created with Sketch. 12
    Simple really. Market shying away from gold stocks last few weeks. Big downdraft from mid 4s to 3.2c at AXM.

    LT buyers have no urgency I suspect but ST's who supported placement and now want out have to move quickly (Ie discount to get out).

    My feel is there is an over supply of ST v LT at present which will force price down.

    You feel it has bottomed at 3.2c presumably.

    So we'll see who's guess is right in due course.
 
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