WAF west african resources limited

Kiaka, page-58

  1. 5,333 Posts.
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    I'm saddened to see people like yourself give up hope because of unfavourable SP movements.

    The hedge funds and other parasitical organizations often take advantage of our fear and greed by irrationally pushing prices up or down into nosebleed territory.
    The average punter ceases to realise that price does not equal value.
    Fundamental analysis would be useless If price always exactly followed value.
    This is an easy rule to comprehend but few truly seem to understand this concept.
    If Sanbrado's operational performance was deteriorating badly, Kiaka was a dud, or day to day safety was becoming an even more pressing concern then by all means jump ship ASAP, but using SP as the only gauge for success is problematic.

    My favourite Benjamin Graham quote is the following: " In the short term the stock market is a voting machine, in the long term the stock market is a weighing machine".
    Has WAF's value (weight) really changed this dramatically or is this a classic dump then pump?
    I'm guessing we will all soon know the answer...

    DYOR
    GLTAH

 
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(20min delay)
Last
$2.20
Change
0.000(0.00%)
Mkt cap ! $2.507B
Open High Low Value Volume
$2.26 $2.26 $2.20 $9.934M 4.472M

Buyers (Bids)

No. Vol. Price($)
2 62873 $2.20
 

Sellers (Offers)

Price($) Vol. No.
$2.22 80286 2
View Market Depth
Last trade - 16.10pm 27/06/2025 (20 minute delay) ?
WAF (ASX) Chart
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