WPI 0.00% 2.5¢ west peak iron limited

Ann: Quarterly Activities Report and Appendix 5B June 2015, page-45

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  1. 12,115 Posts.
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    No clue Von, the free float is around 80-85m and almost 55-60m been soaked between 1.9-2.4c... means it can't trade here forever... plus market cap is 5m at 2.5c and will be 6m close to 3c... RSL has almost 6m EV now this is what I expect in near future or well before the acquisition for WPI...
    Another important factor is... this thing does not have any options or large register means the small cap will be intact even after the acquisition...
    Anyway, I know I have been buying between 2-2.2c now but small parcels only... I am close to my maximum buying limit of any one stock...

    Cheers
 
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