WMT western metals limited

overloaded with shares unfortunately not u, page-29

  1. 270 Posts.
    That is a valid point : re placees

    I cannot give any logical view, except to say they will act in accordacne with the brokers wishes.

    Tricom has their name riding on this and they will ensure that the share price remains solid.

    Just think back a couple of months, whenever .26 was up it was hit systematically. A couple of days later, a trading halt was announced and walla a capital raise at .21 cents.

    That was master stroke if there ever was one.

    Again I think the share price will not be allowed to fall otherwise WMT will look to other broking houses for future capital raises.

    Finally only the market and time will tell.
 
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Currently unlisted public company.

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