WPI 0.00% 2.5¢ west peak iron limited

WPI undervalued, page-15

  1. 2,155 Posts.
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    Already got a stake or two in these shell entities, notably SRT. The immediate risk as I see , is that your capital is tied up while you wait for an announcement, and the longer it's tied up the more missed opportunities which are flying around us in the techie space at present. Having said that , if The walker factor can push this up from its current SP , back into the high 2s, even prior to announcement , that's not a shabby progress at all. I mean look at SRT, the Walker cult have moved the SP between 1.4 and 1.7 with alarming consistency for past few weeks thereabouts. If WPI can behave in a similar fashion, , maybe I can make some dosh on the swings. .04 on 2.4 is 28% . 28% on $5000, is an airline ticket somewhere. So with this grand scheme in mind, I'm back into WPI tomorrow. Oh well, it's simpler play than trying to guess what SGH is going to do!
 
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