Australian (ASX) Stock Market Forum

WCL - Westside Corporation

Yeah of course it is - the average buy price is (72+45)/2=58.5.

Oops!

Will be very interesting to see price once share goes ex-right

Yep that is the million dollar question :D But I hear you on the fundamentals.. gas PRODUCER !!! I read somewhere (I simply forget where - could have been that stock anxiety site) revenue is set to start at $16million per year as a worse case scenario and when you look at $30 Million being allocated to Dawson Creek alone, we can expect a nice ramp up on that figure ...

That revenue will provide funding for a LOT of wells .. Esp in the GB !!! :D
 
Very happy with the trade at the moment considering it is ex .. .High of 70 cents yesterday although it is back to 65 cents after the closing bell today. It still makes for an excellent return on a 45 cents rights issue -- I'm taking um my entire 1:1 rights :D
:D
 
S/P has taken a pounding the last few days and is now below the rights issue offer price. I was ready to buy into it but i like to wait until almost the last day before paying up. Certainly paid off here.
 
S/P has taken a pounding the last few days and is now below the rights issue offer price. I was ready to buy into it but i like to wait until almost the last day before paying up. Certainly paid off here.

You're lucky.. It has been hovering around this price for what feels like eternity...
 
Interesting conflict between TA & FA. Good looking chart, double bottom and an apparent break. However, I can't see much all that much going for the company.

Yet the market sentiment looks strong, so if that continues, I may play with it tomorrow.

Cheers
Country Lad

wcl 24 Sep 13.gif
 
On September 18th, 2014, Westside Corporation Limited (WCL) was removed from the ASX's official list following notification that Landbridge Energy Australia Pty Ltd intends to compulsorily acquire the Company.
 
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