WMC 0.00% 20.5¢ wiluna mining corporation limited.

The warning signs are out there. Directors selling their shares....

  1. 1,466 Posts.
    lightbulb Created with Sketch. 116
    The warning signs are out there. Directors selling their shares. Motley fool not confident of holding any BLK shares. just google it.

    People here ramping are sitting on profits that they can dump any time they want. Even at 30c. Buying in now is very risky.



    This time round they have definitely broke the back of capital raising participants. Both participants in the last two rounds are seeing significant losses. They wouldn't be able to raise a 3rd time without substantial discount. The possibility of a 3rd raising is very real as the company learns it is much easier to talk up a mine than to run it!
    Last edited by RandomAce: 13/03/17
 
watchlist Created with Sketch. Add WMC (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.