WMT seems to run on days when the aussie market is down or static, when the big brokers or institutions buy in they don't want to do it on a bullish day, they wait for either a down day to make sure there are plenty of sellers around market price or they sit back for a week or so until lots of sellers build up then take them all out.
If they buy on a bullish day like today then they'll end up paying a lot more than they have to.
WMT is well and truly controlled by the big players.
WMT
western metals limited
