BLZ 40.0% 0.7¢ blaze minerals limited

Selling between 5.1-5.5c was a bit immature few days ago IMO......

  1. 12,115 Posts.
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    Selling between 5.1-5.5c was a bit immature few days ago IMO... perhaps the best opportunity to accumulate a reasonable parcel was offered... Perhaps some STT was done which might make sense when SRT and WPI were trading below these prices where they are trading now...
    @Jezzy yes cash position 1.2m and the capacity to issue another 40m at minimum of 4c... Would they raise it higher is the question though....
    The concern is... MW only owns 2m heads... I know Cicero Advisory owns 70% plus stock but I would be more comfortable with MW having a substantial holding like he has in WPI and SRT... also he is not running the show like he is with WPI and SRT... so may be we see further management changes... But it looks cheap regardless IMO

    Cheers
 
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