Hi Forseti
I've only been buying into this stock since my broker started reccommending Panax Geothermal, so while WCP was in the 2-4c range.
Never really had a look at it prior to then so not sure what happened, though my brief look at the results from their old African projects suggested to me they were not that great, hence the price got caned.
Unfortuately I don't have a crystal ball so cannot tell you whats going to happen.
Personally I believe in the potential of Panax to be a BIG geothermal company...and WCP has 37.5 million shares in PAX. That's the reason I am invested in it (as well as aforementioned reason about Levi Mochkin and his 4c options), not because of the new management, though that is obviously a bonus.
Cdchi1
trading halt pending capital raising, page-25
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Last
19.0¢ |
Change
-0.015(7.32%) |
Mkt cap ! $78.73M | |||
| Open | High | Low | Value | Volume |
| 19.5¢ | 19.5¢ | 18.5¢ | $337.6K | 1.769M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 99906 | 19.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.5¢ | 201381 | 6 |
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| Last trade - 15.37pm 07/11/2024 (20 minute delay) ? |
| PLL (ASX) Chart |