WME 11.5% 14.5¢ west australian metals ltd

Thepython,From your comments it would appear there is nothing to...

  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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