WSA would have to be the best nickel stock on the ASX. If directors are selling - is it a margin call?
The fact that they bought on Black Friday implies that they have faith in the company.
A time like this is Darwinian. The strong survive and the weak fail.
There is a high chance of an extended period of low base metal commodity prices. Compnaies with low cost operations and cash will survive and reap the rewards of high prices and profits.
HT1
WSA Price at posting:
$2.91 Sentiment: None Disclosure: Not Held