It's the 25 million 10cent shares that are the mandatory caution here, as we don't know when or how....
The shares aren't issued yet, and the company currently only has 15 million, so very small and tight.
Throwing 25 million into that mix at 10c has to make a difference - but it has to be approved through a meeitng, so it's tradable until 'the bend at the end' when it does a level and drop.
Been a brilliant run - and if they handle it well, perhaps it can keep going. Azure are good at their capital raisings and keeping the price up....but I'm getting nervous as to how much further is sustainable so quickly.
WTN Price at posting:
75.0¢ Sentiment: None Disclosure: Held
