WAF 3.86% $1.48 west african resources limited

WAF chart, page-293

  1. 2,853 Posts.
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    There are also other problems, they have now overpaid for kilda, $600M, if that asset were selling today, it would be impairment probably worth $200M if even that and we are borrowing to invest good money in impaired assets. How is Africa going to turn around? It's not. Sorry guys, I know it's depressing, to go from best stock to worst stock, good side is you can still get out with a little haircut rather than your throat sliced in half and out of the investing game forever.
 
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