WMC 0.00% 20.5¢ wiluna mining corporation limited.

Yes you are right the price is being held down in some parts but...

  1. 2,423 Posts.
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    Yes you are right the price is being held down in some parts but the stock is in consolidation phase this is why the stock has run sideways for the past 4 months which is a good thing as the market is waiting for upside news which is there next report which from my point of view 7c to 8c is pretty close as we saw a few weeks ago this was at 7.5 and its in the company's best interest to have these "in the money" as they have capital into the options also.

    The only reason why the options or the stock is not moving is simple there isn't any more buyers there are just holders at this point until the report and from my point of view If I was holding I would look at the options for leverage for upside as I point out were not at 5c or 6c were at 7c with 1c to go and I'm sure there reports will put us over that with no trouble at all
 
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Currently unlisted public company.

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