WDR 0.00% 14.5¢ western desert resources limited

I'm no expert on the stock market, never mind highly speculative...

  1. 42 Posts.
    I'm no expert on the stock market, never mind highly speculative small mining caps, but i can imagine a major player(s) selling small tempting morsels off and off to small optimistic buyers like you and me until the share price hits a ridiculous 30 cents or something, and then announcing a take over-bid at say 50c and getting it through, with little grateful you's and me's thankful to get anything back! Then the company will take off of course, making handsome dividends :-). Of course i have a wild imagination and none of this is based on any facts that i know of. Still, there must be some reason the price is ever-sliding! Reminds me of a quote i heard some time back that went something like " the irrational behaviour of the market will outlast my solvency" ;-)
 
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Currently unlisted public company.

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