WPI Market Cap analysis, page-132

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Drumo

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05/02/16

19:30

Post #: 16954658
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Originally posted by Boomorbust ↑

According to my trading platform approx 41% of holders on the Sell side have set a parting price of 3.5c or above.. Looking at the depth of the Sell side as it stands the SP should theoretically creep up to 3.2c level fairly quickly as we approach late Feb given that there's a very high probability of a TH being called end Feb or early Mar.. It wouldn't surprise me to see 3.4-3.6c demand around that time tbh.

I certainly feel that it's great value shopping at this level and I've topped up yet again at market today. The SP may still give a bit here and there for the next few sessions but FOMO is likely approaching sometime in the next 15 sessions at a somewhat educated guess on timeframe.. This is purely based on my understanding of all the information at hand here and the history of similar shells in similar positions.

GLTAH however I don't think we need much luck as we are already making our own luck by being in the mix here right now IMO

Boom

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Yep, hear, hear, after all it's the next MW shell to announce acquisition, and Mr Walker has plenty of skin on the game, not to mention a reputation to live up too.

FOMO to kick in soon on its one merits, certainly IMO will move independently to SRT, undervalued for shares on issue.

Opportunity Knocks IMO, tick tock!

WPI Price at posting: 2.5¢ Sentiment: Buy Disclosure: Held
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WPI Market Cap analysis, page-132

Top Stories

HotCopper Highlights: Your most watched stocks for Week 47, 2024

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

Panic, paranoia, and gangland politics: HotCopper users react to Dubber's missing $26M

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Sales growth pushes Lovisa's fortunes (and shares) upwards

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Dale Gillham's weekly wrap: Sigma-Chemist Warehouse merger creates pharma powerhouse