WAF 0.84% $1.49 west african resources limited

What is the next catalyst of WAF?, page-13

  1. 3,967 Posts.
    lightbulb Created with Sketch. 13
    I wanted exposure in an emerging goldie and ended up buying on the closing auction today.

    There seems to be a pretty determined seller(s) today taking advantage of the reasonably strong volume.

    Love the technicals. With a clear double bottom at 17.7c and some bullish emerging buy signals, especially the MACD.

    Fundamentally, will hopefully see further strong drilling results and in the medium term, a revised DFS. Debt free and plenty of funds raised at 30c also helps.

    Not expecting a quick run here, but hopefully will continue to see a strengthening share price over the next 1-4 months.

    As mentioned, an excellent takeover target as well.

    Milesy
    Last edited by milesy: 22/03/17
 
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Last
$1.49
Change
0.013(0.84%)
Mkt cap ! $1.866B
Open High Low Value Volume
$1.50 $1.51 $1.49 $1.791M 1.196M

Buyers (Bids)

No. Vol. Price($)
4 6635 $1.49
 

Sellers (Offers)

Price($) Vol. No.
$1.50 50038 35
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Last trade - 12.39pm 04/12/2024 (20 minute delay) ?
WAF (ASX) Chart
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