WSA western areas limited
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Big close on shorts this week refer shortman.com.aui thought wsa...

  1. speculator1
    37 Posts.
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    19/03/21
    13:54
    Post #: 51896665
    Big close on shorts this week refer shortman.com.au

    i thought wsa was shorted due to capital requirement for new projects

    Seems fully funded now, Mng have taken advantage of improved ni sentiment to raise capital . $2.15 is not terrible , could have been a lot lower.

    who knows what will happen with ni price. Who would have predicted 19k per tonne at start of 2021.

    historically this is the bottom of the range , buying opportunity?
    WSA Price at posting: $2.06 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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