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Online Share Trading

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Positive movement

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Marno_1
Regular Contributor
Positive movement on WEZ. Let's see what the day have installed for us.
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5 REPLIES 5
Wizard
Super Contributor
Dead Cat Bounce...Miaw!!
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Mr_S
Super Contributor
went to the AGM today, very positive outlook, ima increase my holding in this share significantly, although i think it will trade relatively flat until production
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Wizard
Super Contributor
Relatively flat to 250 in 6 months time. Another dog that goes along DRD
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_nova
Super Contributor
Wizard, ur funny :-) Cant' compare WEZ to DRD. The one has buried treasure while the other burrows for treasure. 250 is unlikely but 400 is very possible in the next couple months
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_nova
Super Contributor
Marno, WEZ easily does 10% moves in a day. The thing to watch is volume. It's when you get a move on volumes over 3 million that you get some direction for a while. But yeap, untill production starts in 2011... there won't be much action on this share. However, expect a steady and slow growth curve anytime from middle to end 2009. By the time production starts in 2011 the share should be priced somewhere between 1150 and 1750, depending on delays, electricity, actual startup costs, and of course the price of XPT
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