WAF 3.96% $1.46 west african resources limited

Ann: 11m at 10.5 g/t and 6m at 24.4 g/t Au, deepest drilling M1S, page-20

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  1. 3,000 Posts.
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    Price action at the moment is a bit disheartening but I decided to take some more on at 35 cents.

    Having a look at some of the gold indices and there has been some major outflows in the last 2 weeks. GDX and GDXJ ETFs have collectively seen outflows of more than US$700M. While these do not hold WAF there is another lesser known Gold Stock Mutual Fund operated by Van Eck, the INIVX.

    INIVX holds approx. US$3M of WAF so about 12M shares. If there are similar outflows taking place in the INIVX it could explain the persistent selling of a few hundred thousand shares per day.
    Last edited by nordesmic: 27/04/18
 
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Last
$1.46
Change
-0.060(3.96%)
Mkt cap ! $1.866B
Open High Low Value Volume
$1.52 $1.52 $1.45 $3.995M 2.715M

Buyers (Bids)

No. Vol. Price($)
4 54405 $1.46
 

Sellers (Offers)

Price($) Vol. No.
$1.47 26146 2
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Last trade - 16.10pm 02/12/2024 (20 minute delay) ?
WAF (ASX) Chart
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