WDR 0.00% 14.5¢ western desert resources limited

new issue, page-10

  1. 254 Posts.
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    Fully agree Slanyah, I think the current SP is an reaction to uncertainty and will bounce back in the next quarter. As there was discussion at the end of last year regarding M&A, I wouldn't be surprised to see that once again raised in the coming months.
    I am far from being a gun investor, but I have made what many would consider a large amount of money from buying in on CRs or when a SP is hammered on sentiment. The fact there is currently an opportunity to purchase below the CR price is to me a gift horse. This is subjective risk, so I understand if others see the situation as completely different, we are all products of our experiences.
    DYOR.
 
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