Australian (ASX) Stock Market Forum

WMT - Western Metals

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I received the mail about the company report and a bit of elaboration on the SSPP. Is there a separate SSPP form to fill in? Anybody else got the mail on that?

I want to know too! I am assuming it will come in the mail after general meeting confirms the offer?
 
I want to know too! I am assuming it will come in the mail after general meeting confirms the offer?
I assumed that it'd come in the mail.

As of yet I ain't herd nothing. :confused:
 
Hi all WMT holders.

All SPP documents dispatched today.

Source: straight from the company.
 
still headed up. The new management setup must have caused the market to rerate this stock.
 
Took profits today at 35.5 cents....Hopefully will get most back under the SSPP.

Royce
 
Took profits today at 35.5 cents....Hopefully will get most back under the SSPP.

Royce

Shapes up to be a great deal! The share price is currently hovering at 35c and the offer is to buy at 21c. Sitting on a 14c instant profit assuming the stock price remains where it is.
My only hassle is that I don't have $5000 credit limit on my credit card and don't have a cheque facility, so paying for it is going to be a challenge :eek:
 
Shapes up to be a great deal! The share price is currently hovering at 35c and the offer is to buy at 21c. Sitting on a 14c instant profit assuming the stock price remains where it is.
My only hassle is that I don't have $5000 credit limit on my credit card and don't have a cheque facility, so paying for it is going to be a challenge :eek:


I purchased in 4 accounts. My personal name, my company name, my fund name and my mum's name. All applications were sent yesterday. Also used 1 form with my mum's credit card. :brille:
 
I'm with you Royce and sold at 35.5c

Indicators are over bought at the moment and i'm hoping to buy back in at 30.5c

Murphy's Law is that they will drop a rippa ann on the market and it shoots up.

Got a trading strategy got to stick to it for once.:)
 
I purchased in 4 accounts. My personal name, my company name, my fund name and my mum's name. All applications were sent yesterday. Also used 1 form with my mum's credit card. :brille:


Hi Halba, not sure if you will get them all ....... on the back of the form
There is a limitation on participation.
Not sure how your accounts are setup though, easy money at the moment if you get them :)

LIMITATION ON PARTICIPATION

The maximum subscription limitation of $4,935 will apply even if an Eligible Shareholder has received more than one Application Form (whether in respect of a joint holding account of because Eligible Shareholder has more than one holding under seperate share accounts)
 
I'm with you Royce and sold at 35.5c

Indicators are over bought at the moment and i'm hoping to buy back in at 30.5c

Murphy's Law is that they will drop a rippa ann on the market and it shoots up.

Got a trading strategy got to stick to it for once.:)

URA:AIM WMT partner in Tanzania share price rocketed up 29% last night in London also with record volume 30 million rumour WMT will do a take-over.
 
URA:AIM WMT partner in Tanzania share price rocketed up 29% last night in London also with record volume 30 million rumour WMT will do a take-over.

Well if the share price rockets up next week, will only make the SPP even more attractive. I never regret taking a profit...will never go broke that way.

Royce
 
Any one not received their SSPP applications? When I called them early in the week they said it should arrive in my mailbox by end of week and it didn't :(
 
I received mine on Thursday..( Melbourne)...I would be ringing the Company on Monday.

Cheers

Royce
 
URA:AIM WMT partner in Tanzania share price rocketed up 29% last night in London also with record volume 30 million rumour WMT will do a take-over.

Why would they takeover a JV partner when they have only done trenching on those joint assets - they might be class management at WMT; but they're not stupid.

What is the source of your rumour by the way??:cautious:
 
Why would they takeover a JV partner when they have only done trenching on those joint assets - they might be class management at WMT; but they're not stupid.

What is the source of your rumour by the way??:cautious:

Not my rumour London Telegraph.
 
Generally the sp of the company doing the purchasing slips a bit and if WMT are after URA then i'd expect the same.
There is an incredible amount of ramping going on in the HC forum and it's best left there.
Facts and T/A are 100 times more relevent than hyped-up junior traders making their first profit.
 
Generally the sp of the company doing the purchasing slips a bit and if WMT are after URA then i'd expect the same.
There is an incredible amount of ramping going on in the HC forum and it's best left there.
Facts and T/A are 100 times more relevent than hyped-up junior traders making their first profit.

OK zed sit back and watch.
 
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