WTM 7.04% 33.0¢ waratah minerals limited

Very interesting analysis BackUp. What it really shows though is...

  1. 245 Posts.
    lightbulb Created with Sketch. 5
    Very interesting analysis BackUp. What it really shows though is that MTA unlike the others in the space, have no corporate/marketing strategy to get to funds and investors. Their plan seems to be, raise money, do the work, tell the story, and cross your fingers and hope someone is paying attention. Unfortunately that sort of lazy approach just doesn't cut it.
    What happens is that the believers put more money in, place traders opportunistically sell into the premium, and the stock does nothing until the following year when they need money again. MTA has plenty of potential as shown by your work, but it needs serious assistance and a shake up. The geo side looks to be Ok, but the investor side rates a big zero. Changes needed.
 
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