WMT western metals limited

overloaded with shares unfortunately not u, page-27

  1. 270 Posts.
    U Bull. Thank you for your thoguht.

    However I will disagree with you on this one. Because people only got 1/2 of their holdings and they will be holding onto this. Reasons : wait for next leg up which we are in, taxation, tightly held stock, over demand.

    Furthermore with the shares being evenly spread with all bidders getting a portion mathematically a major sell off is off the cards.

    If on the other hand say 1000 bidders took all the shares, I would tend to agree.

 
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