WWI 0.00% 1.4¢ west wits mining limited

Looks like robbo24 is on to something big here, at the very...

  1. 11 Posts.
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    Looks like robbo24 is on to something big here, at the very least its NTA backing per share of 3.09c/share indicates that it is currently undervalued just on its assets (NTA in more detail here https://www.anzsecurities.co.nz/directtrade/static/diynettangibleassetspershare.aspx). Their actual assets (not goodwill, branding etc etc) per share exceed their share price, so if they sold up everything now the money going to each shareholder would exceed the share price. Totally ignoring the excellent future prospects, this is a solid buy on that alone!
    No debt is also a major plus, but the upside potential on the income side of the equation is substantial with the growing JORC resource.
    DonaldFrump's numbers getting to 17.5c SP look reasonable so forced to agree with tommopen this looks like a solid hold and wait.
 
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5 1843017 1.3¢
 

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Price($) Vol. No.
1.4¢ 1054224 3
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Last trade - 16.10pm 08/11/2024 (20 minute delay) ?
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