WSR 11.1% 0.8¢ westar resources limited

It seems a bit strange that they have sorted out a placement and...

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    lightbulb Created with Sketch. 294
    It seems a bit strange that they have sorted out a placement and we (on HC) now know its at 3.8c (if you are correct) but it hasn't been formally announced?

    If it is at 3.5c, I also expect the SP to drift back to that or below, pending further news.

    This is a very difficult Co. to understand. The number of "milestone" shares issued/to be issued/ attached options etc.

    I wouldn't touch it at this point until there is at least some vague understanding of what it will look like (no. of shares and cash raised/still to be raised).
    Last edited by drbrooks: 01/12/14
 
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