WAF 1.01% $1.50 west african resources limited

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  1. 5,127 Posts.
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    Ammended below to address your concerns with VEC:

    Some events which are hard to deny -

    1) The CR, Con Note and various share issues to the boys appears like immediate selling and one almighty pump pre EOFY for a big exit. Same again as 2018 EOFY?

    2) Anyone holding since the AK acquisition was announced bar a small few are out of pocket right now unless they have traded this thing successfully. So who are the traders??? A long time to be holding for no returns plus another 12-18 mths to go.

    3) With a $30M MC plus the half year accounts specifying another CR will be needed before EOFY and another one in the next 12 months hardly leaves any room for SP appreciation

    4) Full reload with sophs again for the next two CR's flagged by the company over the next 12 months, usually the first to get off pretty quick so another 6-9 mth dose of 300M+ shares exiting

    5) Price of gold going up, price of VEC going down??
 
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