The more one thinks about it the more one realises what a remarkable deal WTN has just done on its Groote Eylandt project. A small tightly held stock with a big unknown but potentially incredibly bright future. Only 15m FPO shares quoted, a placement announced at 12c per share, a director then buying OPTIONS (20c exercise which expire in a few months) at 12c each, the same price as the placement FPO shares. The mind boggles.
Disclosure: I have bought some of these options too.Do your own research however and make your own decisions. Buying WTN is not without risk. Buying WTNO is not without greater risk.
WTN Price at posting:
34.0¢ Sentiment: Buy Disclosure: Held
