WWI 14.3% 1.2¢ west wits mining limited

don't panic

  1. 17 Posts.
    It does not take much selling pressure to drive such a thinly traded low market cap stock down in price. One margin call on someone with a decent sized position would do it. Best not to worry on a daily or even weekly basis. The good news, it literally can't drop much further. More good news: as money comes into the gold mining sector as the hedge funds with long gold / short gold equity spread trades get lifted / squashed, virtually all gold boats will be lifted. Unless there is something really shady, WWI can have a good sized price increase without doing much of note. The lottery ticket option that they hit a large mineable deposit of gold in PNG is literally off the charts.

    I personally was a buyer today.
 
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Last
1.2¢
Change
-0.002(14.3%)
Mkt cap ! $40.66M
Open High Low Value Volume
1.4¢ 1.4¢ 1.2¢ $27.33K 2.109M

Buyers (Bids)

No. Vol. Price($)
15 4737266 1.2¢
 

Sellers (Offers)

Price($) Vol. No.
1.4¢ 674741 2
View Market Depth
Last trade - 15.43pm 15/11/2024 (20 minute delay) ?
WWI (ASX) Chart
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