The stars are aligning for WHA. Some longer term money will start to see risk reduction with every bit of China based news hitting. I also think some of the funds will only buy on the SAMR because their mandates wont allow them to play before its de-risked more and the market cap is higher. Some larger funds will only play when it hits an index valuation. This is a relatively tight register. I call it the sweet spot for available volume. 135m in the tradable float (most probably not for sale anyway) and the rest with management/vendors is a nice number. Similar to BAL. The other thing that might come out of the blue is a Chinese buyer wanting to get a position. Time tells all. dyor
WHA Price at posting:
$1.15 Sentiment: Buy Disclosure: Held