How’d the big weekend go Dabs? Braincells seem to be fine

First 9662 Last

Share
Profile

Follow
Robco55

156 Posts.

23

25/06/24

09:40

Post #: 74472711
Share

Originally posted by Dabbler009: ↑

Thinking out loud here. I was trying to put myself in mgt shoes with the silly buggers going on with suppression of the SP by one of our own major investors, for reasons that can only be for their own benefit at the expense of other holders and mgt. Is it just to fleece retail with a scare campaign, to try to increase to a controlling share in conjunction with other instos or because they can't get access to another discounted CR in the short term? Or maybe all of the above. Will it end with the MRE or continue on?

Given the lack of new insto cash until the MRE and new FY, there has obviously been minimal push back on the small order bots. Hopefully this changes from next week. If not, then I just wondered to myself if Paul and co might allocate some of the actual company funds (say $2-5m) to buy back the small volume shares and whether this would be sufficient to counter the bot games? It would seem that this wouldn't have any material effect on the continuation of investigations and feaso activities. This would marginally reduce the overall SOI, which would also benefit holders albeit not materially considering the small number of shares involved. Obviously there would still be a need for a CR toward the end of the year if there isn't some sort of TO/JV to fund the balance of the feaso/investigation works.

Might be simplistic response, but there is obviously a divergence in the objectives of a few of the cornerstone parties that is not in the overall interest of the company hence hopefully there will be some sort of effective strategy to bring them back into the fold or otherwise counter their actions.

Anyway, looking forward to seeing the impact of the MRE and new FY. Hopefully in a weeks' time we are all high fiving each other again!!

Expand

How’d the big weekend go Dabs? Braincells seem to be fine

WA1 Price at posting: $16.67 Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

ATH

Trial for Alterity's neurodegenerative drug ATH434 shows reduced disability

CTT

Cettire shares jump on FY24 revenue growth up 80% vs pcp – but stock still badly bruised

VMM

Virdis Mining flags breakthrough with 76% neodymium and praseodymium recoveries

AX8

Accelerate finds 1.28% lithium at Prinsep in WA, including 150m 'halo' zone

NWC

New World Resources inks complete PFS for Antler Copper Project in Arizona, USA

There are more pages in this discussion • 865 more messages in this thread...

First 9662 Last

Add WA1 (ASX) to my watchlist

(20min delay)
Last $16.24		Change -0.100(0.61%)		Mkt cap ! $994.8M

Open	High	Low	Value	Volume
$16.22	$16.46	$16.01	$2.449M	151.2K

Buyers (Bids)

No.	Vol.	Price($)
4	104	$16.24

Sellers (Offers)

Price($)	Vol.	No.
$16.27	29	2

View Market Depth

No.	Vol.	Price($)
4	104	16.240
2	140	16.210
3	697	16.200
2	115	16.190
3	211	16.180

Price($)	Vol.	No.
16.290	37	3
16.300	478	6
16.310	309	3
16.320	154	3
16.330	423	3

Last trade - 12.39pm 17/07/2024 (20 minute delay)

WA1 (ASX) Chart

How’d the big weekend go Dabs? Braincells seem to be fine

Trial for Alterity's neurodegenerative drug ATH434 shows reduced disability

Cettire shares jump on FY24 revenue growth up 80% vs pcp – but stock still badly bruised

Virdis Mining flags breakthrough with 76% neodymium and praseodymium recoveries

Accelerate finds 1.28% lithium at Prinsep in WA, including 150m 'halo' zone

New World Resources inks complete PFS for Antler Copper Project in Arizona, USA

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

How’d the big weekend go Dabs? Braincells seem to be fine

Top Stories

Trial for Alterity's neurodegenerative drug ATH434 shows reduced disability

Cettire shares jump on FY24 revenue growth up 80% vs pcp – but stock still badly bruised

Virdis Mining flags breakthrough with 76% neodymium and praseodymium recoveries

Accelerate finds 1.28% lithium at Prinsep in WA, including 150m 'halo' zone

New World Resources inks complete PFS for Antler Copper Project in Arizona, USA

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News