Thanks Strauss... I would like to add couple of points... 1....

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forrestfield

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26/07/15

20:10

Post #: 15696165
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Originally posted by strauss ↑

"PS - price setting for the purposes of re-compliance is illegal market manipulation in Australia."

what are you talking about you, its posts like this that make you seem paranoid and a bit conspiracy theorist like

No one is talking about price setting you need to do some research to understand what will happen here

2c minimum recompliance price allowed by the ASX
some companies if they are too far away from this price will consolidate their capital but nearly all that are at least 1c or above let the share trade freely after they announce an acquisition to see how the market values it

I think after NXR ZIP and VTX the market is now too smart to allow gifts like WPI to trade too far below the 2c minimum recompliance price as it did with VTX and I think this is why it will stay close to 2c but you never know could get an ugly day and it drops but I think plenty of use are waiting to try pick up bargain on it so this is why I cant see it going too far below that 2c level if at all

the other big thing I think your confused about is heraclitus hasnt bought WPI because he doesnt see the value of paying 2c before seeing what the acquisition is, if you read his posts you'll see he kinda agrees with you that he may get a chance to get WPI cheaper

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Thanks Strauss...

I would like to add couple of points...

1. This shell has the best structure amongst them all... NXR,ZIP, VTX and part of WSR now SFI... They either had more shares along with listed options or larger market caps or free float was a lot more as compared to WPI...

2. When VTX, started the hunt, NXR was close to 4-5c, ZIP was close to 30-40c and VTX was 1.2-1.3c And now NXR is trading at 11c, ZIP at $1 and VTX at 5c.... However, WPI still has the similar market cap at 2c what VTX had at 1.3c but VTX had 1.2m cash...

Cheers

WPI Price at posting: 2.0¢ Sentiment: None Disclosure: Held
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Thanks Strauss... I would like to add couple of points... 1....

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