nothing to do with JBL. Read the SENS. This kind of movement was expected when the transaction went through as WEZ is deeply undervalued. I wouldn't be surprised at all if there's another pullback. Also, this move was on pretty low volume. Over the long term, and as long as Mike stays at the helm, this share is going to do very well for the patient investor. I said it before, and I say it again. WEZ is absolutely uniquely positioned compared to other juniors, to weather the downturn and come out on top eventually. You don't have to be a CA to figure this out.
hmm Hennie, looks like volume is in fact going to be the thing today. I'm a bit surprised as I really didn't think we'd see more than 500k to 800k either yesterday or today. There's definite interest out there as WEZ doesn't often trade volume of more than 500k per day. Mebbe someone knows something the rest of us don't? But then, WEZ at even 400c is still a bargain buy for the longer term.