WAF 1.01% $1.50 west african resources limited

WAF valuation, page-151

  1. 11,185 Posts.
    lightbulb Created with Sketch. 2609
    "Is this intentional company policy to try and keep the share price below the cap raise price so the obvious shortfall can be "handed" over to a major institution?"

    The company hasn't been in "control" of the SP since it started its down hill run at the beginning of last year. Good news has only ever briefly arrested the manipulation.

    I personally don't expect any good news to enable the hold on the share price to be released.

    We will be released IMO when B2 Gold's share price trades between $5 and $6 dollars (probably closer to $6), then the all script offer will be dropped on us like a lead balloon. In the meantime they will work to get our share price as low as possible. Wouldn't surprise me if 20-21 cents is the target.

    Yawn. Back to sleep. Esh
 
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