WAF 1.01% $1.50 west african resources limited

I'm with Esh on this one. The negative opportunity cost of...

  1. Bik
    222 Posts.
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    I'm with Esh on this one. The negative opportunity cost of investing into WAF over recent months as opposed to other Aussie goldies is staggering. We've seen a sharp share price decline when many other goldies are up very strongly. We've also seen a massive dilution which will limit the future share price potential while we have to wait it out (more opportunity cost). 


    The worst thing was that it could have been so different and WAF promised so much (one of the best discoveries in recent years). I can't find evidence how WAF management have tried to protect shareholder value or even future value. We now have a bloated company that should rise in the future but nothing like the multiples that other stocks will see if the gold price enters a bull phase (which looks more and more likely.  




      
 
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Last
$1.50
Change
0.015(1.01%)
Mkt cap ! $1.866B
Open High Low Value Volume
$1.51 $1.51 $1.49 $3.699M 2.471M

Buyers (Bids)

No. Vol. Price($)
2 12485 $1.49
 

Sellers (Offers)

Price($) Vol. No.
$1.50 132100 7
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Last trade - 16.10pm 22/11/2024 (20 minute delay) ?
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