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2.5¢ west peak iron limited

WPI Market Cap analysis, page-168

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TheArchitect

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11/02/16

15:28

Post #: 16996766
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Originally posted by thunder54 ↑

It does seem like something is going on over at SRT if it is just speculation or a bit of a leaky ship I guess we will find out soon.

I think WPI should be moving out on it's own now though away from SRT shadow, that is already post deal now.

WPI is now the number one cashed up walker shell the SRT deal might not have gone off like everyone was hoping making them instant bags of money, but reality is it maybe did too well pre-deal, and it just wasn't that kind of deal which creates fear of missing out and a massive initial run up in value, but it is a good looking money making business with great terms and will no doubt do well going forward over a period of time.

I expect WPI to make a similarly great deal, with all that said though there seems to be some loss of steam recently in the shell space, deals aren't going off as the were just a few months ago.

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Due Diligence for SRT tomorrow along with investor presentation to be released hence the rise from 1.5 back to 2.4 in the last week.

WPI should start to get some flow over too if things at SRT are good

WPI Price at posting: 2.3¢ Sentiment: Buy Disclosure: Held
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