WDR 0.00% 14.5¢ western desert resources limited

trading halt, page-15

  1. 36 Posts.
    Guys a $750K sale is totally immaterial, it might buy them a few trucks.

    This project requires massive capex hence the raising. SP will of course fall have you ever seen a stock post rights where it hasn't??? Any new equity issue is dilutionary and this will be a big one. But if you didn't realise that this was inevitable and necessary (how else will they fund building a 30km conveyor belt in the middle of nowhere, let alone getting a mine up to production) you shouldnt be in these stocks!
 
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Currently unlisted public company.

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