WPI 0.00% 2.5¢ west peak iron limited

WPI undervalued, page-21

  1. 12,115 Posts.
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    A good post... have to agree with certain things being said... however, people think that MW is yet to make a mistake... He already had made 2 and both with SRT lol... 2 false starts there...

    Second an average acquisition with SRT has worst effect than many think? I don't think so... the shell value is low already which is quite close to VTX well before the acquisition... a worst case scenario will see 1.8c which is equal to many shells with no previous performance... And it would be equal to vtx at 1.3c...

    Acquisition is far? Again I contradict... I would say a time frame of 3 months is reasonable from now onwards and I would be disappointed if MW is unable to make the acquisition by then... how good my guess would be? Got no clue but that's average time frame shells are taking to acquire... normally 3-6 months for active shells and WPI been actively looking for 3 months now...

    All in all, it's an undervalued shell at these prices as per my valuations and that is exactly why I have been buying... All to their own...

    Cheers
 
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