I asked my broker why they started the mine during the wet season who works for Ord Minnet (Instead of waiting for the dry season to start) & if I remember correctly the reply was because of the repayment schedule they have with their creditors, so I'm happy with the board & don't care if a couple of directors(Allert & Gardner) don't take up their rights issue. Big Bruce now has approx 133,000,000 shares & Perrin is coming up close behind him ! People like these guys don't throw away millions of $, I believe they know more about WDR & their prospects than all of us & that's why they invest so many of their $ in the company, If I didn't invest another 15K in the last SPP I'd invest it now :) but having mum & bub at home leaves money tight so those with spare $ spend away coz the low SP won't be here for long , ps I think an announcement/update from WDR will be made in May Position : Buy if u have spare cash Sentiment : Buy as much as u can afford
Disclamer DYOR coz I'm just a Mum n Dad investor
WDR Price at posting:
49.5¢ Sentiment: Buy Disclosure: Held