WAF 0.84% $1.49 west african resources limited

Here is my own thought. The fact that the raising announcement...

  1. 16 Posts.
    Here is my own thought. The fact that the raising announcement came suddenly, when we are not short of money, suggests that maybe a major entity unexpectedly came knocking on the door and wanting in before the price jumps to higher levels. In this case, the co should be a in strong bargaining position to set the price at or a bit higher than recent trading levels.

    In fact I would suggest that shareholders contact the company urgently to let them know that another below-market raising at this stage would be extremely unfair to existing shareholders. (That will give people something to do besides sitting and waiting!)
 
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