WDR 0.00% 14.5¢ western desert resources limited

new issue, page-28

  1. 42 Posts.
    Have you noticed how the share price keeps inching up some mornings, only to have some heavy weight catch all end of day orders dropping price again, often doubling volume in the last part of the day?

    If I'm right, some major share holder (s) are judiciously lowering exposure?

    If so, why? What dont we know?

    All the good news about being on track again should make this a very attractive share, I mean, buying at 46c and selling again at 50c is a cool 8% profit in a few days - IF you can believe the share price will reach issue price.

    If not why not?. I repeat what DONT we know? There must be a reason that a (major )investor(s) keeps selling off at an unbelievably low price?
 
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Currently unlisted public company.

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