WAF 1.00% $1.48 west african resources limited

"What's with the mauldlin victimhood complex?" My technicals...

  1. 11,185 Posts.
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    "What's with the mauldlin victimhood complex?"

    My technicals show a clear grind down on predominant churn to make the recent low and as I've made it clear in several posts this churn-filled down trend (manipulation) from the beginning of last year was also accompanied by the filing to ASX of a number of new substantial holder notices accountimg for tens and tens of millions of shares. Both the prodominant churn on my chart and the accumulation by new substantial holders are not events that should be consistent with a declining share price let alone a halving of the share price. That makes us victims IMHO. Clealrly you are still living in a place where the shops aren't selling tin foil!!

    This has been brutally manipulted down to give effect to that confetti share give away and now the brakes have been released.

    Anyone could get access to the WAF share register to try and see what has been going on but for starters it wouldn't show the change unless WAF also gave you accesss to previous prints of the register which is not something allowed by law that I'm aware of (ie you don't have a right to the whole historic record from what I understand) and secondly these people operate through pretty oqaque nominee accounts so without going through more complicated avenues (ie takeover panels and the like) you would have very little chance of determining the real control structures of the registered holders. The system is basically set up so that the law imposes compliance but it is up to the participants in the system to actually self-comply. Keystone cops and the laws they have been given are not strong enough to keep the system clean.

    Why is WAF suddenly flavour of the month is the question? But like everything in these markets we will have to wait for that answer, company has no idea apparently. Esh
 
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Last
$1.48
Change
-0.015(1.00%)
Mkt cap ! $1.866B
Open High Low Value Volume
$1.50 $1.51 $1.47 $4.533M 3.052M

Buyers (Bids)

No. Vol. Price($)
3 16973 $1.47
 

Sellers (Offers)

Price($) Vol. No.
$1.48 142850 10
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Last trade - 16.10pm 21/11/2024 (20 minute delay) ?
WAF (ASX) Chart
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