WMT western metals limited

wake up .. look what is going on ..., page-3

  1. 434 Posts.
    ... :)
    we're all quite awake and well aware of this persons
    purchases - people have been telling us about them for
    some time now.
    i don't think too much should be read into those purchases
    or the person concerned - his association with DYL hasn't
    exactly lit a fire under its' share price, which is
    currently languishing at exactly where it was last Nov.
    i do think that WMT has a chance of a rise but simply
    based on technical and seasonal factors and not due to
    mgmt doing or finding anything special.
    it takes volumes in excess of 50m in a day to move this
    stock and it is stuck in a trading range of 15c-20c even
    with those volumes.
    if it can close above 21.5c-22c and respect those prices
    as support then perhaps we can expect higher levels.
 
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