WPI 0.00% 2.5¢ west peak iron limited

Ann: SHARE PLACEMENT, page-34

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  1. 5,575 Posts.
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    I don't think so, Initially I was of the same opinion, but I see this share as having 2 time lines first is the SRT time line second is the acquisition time line.

    Once SRT pops WPI will step up and take it's place jumping into that 7mill market cap level, depending on how well SRT does it could set off a big scramble for WPI pushing the premium even higher.

    I also think fundamentally WPI is a better shell that SRT, so closer we come to the SRT pre Christmas acquisition the closer I can see this creeping up SRT not falling away from it.

    I kinda hope your right cause I have alot of money tied up in AUZ and up or down it's coming out soon and into here, so I also hope I can also get in again for lower, but I just don't see it timeline is short and never that many shares for sale either.
    Last edited by thunder54: 25/09/15
 
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