WFE 0.00% 2.4¢ winmar resources limited

is today the day?, page-107

  1. 2,722 Posts.
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    Actually there is a big difference.....which facilitates manipulation by shorters and pip traders as well as reducing momentum growth as the movement is by smaller amounts percentage wise of the SP.

    2c to 20c.........100 pips (80 x 0.1c and 20 x 0.5c)

    20c to $2.........360 pips (360 x 0.5c)

    after a 10-1 consolidation the comparison is 0.5c increments are the equivalent of 0.05c previously!

    100 pips to 360 pips is a huge difference hence why is normally goes bad.

    If this happens while WFE is in suspension plus the immediate rerate then it’s possible all this can be neutralised as the opening price should be 10c+. That puts WFE immediately into the 0.5c increments range, hence why I don’t believe a consolidation is necessary and an exemption of the 20c rule is in order. Depending what the situation is with production when we open I expect 20c to come in very few months.

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