WPI 0.00% 2.5¢ west peak iron limited

Dream team, page-124

  1. 12,115 Posts.
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    Well, I have a different plan with WPI... as said many times, this shell has extreme tight structure only 198m shares on issue means the market cap is going to be small even at higher prices... Therefore, a medium term play considering in mind the people behind...

    the reason I think it's a 3-6 months play... First of all, I am considering VTX as an example where they took almost 5 months to make an acquisition... they never rushed into things... the aim was very simple "creating wealth for shareholder" and I think similar aim should be here... no need to rush into things...

    Secondly, I don't want to create unnecessary hope in my mind... Acquisition within 3-6 months will just do fine and if anything comes earlier I will take it as a bonus.

    thirdly, most shells do take 2-4 months on average to make an acquisition...

    cheers
 
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Currently unlisted public company.

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