WTP 0.00% 91.0¢ watpac limited

Yeah mate I remember well...I was just trying to make the point...

  1. 2,034 Posts.
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    Yeah mate I remember well...

    I was just trying to make the point that we all know this stock has taken an unfair thrashing and in due course should return to fair value.

    Don't expect this to happen overnight though. This is a tightly held stock. Those that hold know it is an extremely healthy company that now pays a great fully franked dividend. Retracement is expected because all the loose hands are offloading as soon as there is a surge in share price.

    Notice the high volume the other day when it lost 5% or so? A lot of people are still scared and not willing to hold smaller companies such as this. As soon as they had a chance to bail they did.

    Deansy mate, we will be laughing all the way to the bank with this one. You and I both know this, and that is why we hold...
 
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Currently unlisted public company.

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