WMT western metals limited

''The issue is not if the price will go down after...

  1. 32 Posts.
    ''The issue is not if the price will go down after consolidation, the real issue is if the consolidation will cause the fall. Without it the sp is in freefall because its core sector is"

    I doubt the root cause of the sp falling is the consolidation, probably more a case of it having farther to fall. SP has hovered around current levels for some time and no one seems really interested in pushing it much lower. If it is consolidated around 40 then it has a long way to fall, exactly occurred in every other example given so far.

    And yes, like all I could sell but I have believed for a while this mob may just achieve something. I don't even have a negative opinion of the board. I do know, that as stated, historically, consolidations have been a disaster for SP. ..decisions decisions...
 
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Currently unlisted public company.

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