Picking bottoms and tops is virtually impossible in the long...

Picking bottoms and tops is virtually impossible in the long run.

I think it's more about value.

WAF is in a bit of an announcement vacuum, on top of the dropping POG, and as such it could go lower yet.

But the volumes are really light, so it's not a sell-off. They are still drilling and certainly have plenty of cash, so for me it was just finding a buy in price that sat with my idea of value.

I do trade shares though, so if it doesn't perform how I expect I would take the loss.

On a different note, can someone tell me how many were sold at 23c in the closing auction? No sale is registering under the course of sales, but obviously one must have occurred to drop the price.

Thanks in advance.

Milesy