WAF 1.01% $1.50 west african resources limited

Since this company took out a $ 200M loan, that just balances...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 166 Posts.
    lightbulb Created with Sketch. 6
    Since this company took out a $ 200M loan, that just balances the market cap.  That essentially means that the lender essentially owns the first mortgage on this property, followed closely by the biggest shareholders (banks).
    The rest of the shareholders, therefore,  own NOTHING.
    Perhaps they'll figure out a way to come after those poor shareholders to squeeze some more blood.

    Pray for a takeover.
 
watchlist Created with Sketch. Add WAF (ASX) to my watchlist
(20min delay)
Last
$1.50
Change
0.015(1.01%)
Mkt cap ! $1.866B
Open High Low Value Volume
$1.51 $1.51 $1.49 $3.699M 2.471M

Buyers (Bids)

No. Vol. Price($)
2 12485 $1.49
 

Sellers (Offers)

Price($) Vol. No.
$1.50 132100 7
View Market Depth
Last trade - 16.10pm 22/11/2024 (20 minute delay) ?
WAF (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.