WSA 0.00% $3.86 western areas limited

some good signs., page-35

  1. 11,292 Posts.
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    Only two things catch my eye in WSA's favour re the SP.

    1. About 10% shorts = likely short covering which may support the SP (at least somebody might be motivated to buy.)
    2. Lower cap ex infers FCF +ve over the next 12 months.

    I admit that I have no idea where the SP will go from here short term.
 
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