WSA
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0.00% $3.86 western areas limited

Only two things catch my eye in WSA's favour re the SP. 1. About...

  1. CaptainBarnacles
    11,144 Posts.
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    27/08/13
    15:12
    Post #: 12250381
    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.
    WSA Price at posting: $2.98 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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