I was trying to convince my wife last night to release more funds to buy more WTN.
In so doing I compared WTN to what FMG used to be when it went from 3c a share to $65 and after the share split the equivalent of $120. Took about 2.5 years to achieve that from memory. FMG had 300Mil shares on issue before the split.
WTN will only have a bit over 100Mil shares on issue when all the deals and options are exercised.
I am not saying that WTN will do the same but the potential is there if there is as much manganese on site as everyone suspects.
Although the shares have gone back a bit this morning as has the market the signs are that it will be back to scratch by the end of the day. Only my opinion.
I am a holder as well so also talking up stock I own.
Alas the funds remain locked up elsewhere so need to do more convincing to the wife. Wish me luck.
WTN Price at posting:
45.5¢ Sentiment: Buy Disclosure: Held
