WME 11.5% 14.5¢ west australian metals ltd

postive outlook, page-16

  1. 744 Posts.
    Thepython,

    From your comments it would appear there is nothing to be concerned about.

    If it's a single holder selling then it must end shortly, otherwise mgt would surely arrange for "sophisticated investors" to purchase the shares on offer at a discount to current SP.

    Seems selling is pretty relentless to me, and not a whole lot of buyers jumping in at these levels suggests we may get sub 10c before the rest of the mkt sees a "screaming buy"??

    I wonder what price the seller is prepared to hammer the SP down to..
 
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