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Online Share Trading

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WEZ a bomb or not.

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skylab
New Contributor
This is must have share and havewread all the commetns made in the chat forum. And not one is knows the fundimentals and the inside track of the share. Wez is ontrack with thier developemnet plan and have the finance of 500mil credit backing and when they start to use this over the next 6 months it will converted in wez shares at market pricing. WEZ is not worried about the dayly trading on the JSE as Mike solomon knows this will not be the main indicator of shareprice and RMN and Investec are the main shareholders and when they Start using the offshore credit facility this will rocket the price back to normal again above the 8.50 mark and higher. Platinum will recover and will be over the $2000 dollar mark in 2011 and this is especialy noticibale with the listing of Platnim {PLN}yesterday. If you are in for some fast money WEZ is good whilst its cheap and lognterm even better and this why the major sharholders are so confidend as they are sitting on a bigger diposit than Amplats and is in for the long haul. Mike Solomon is the best Mine developer in South Africa if not internationaly with a Board just as strong and has done their homework.
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2 REPLIES 2
PLayer
Frequent Contributor
Hi, A very good deduction. I am stocking up on this share around the R 1.90 and R 2.40 range. This one does not behave as per the normal market as it has yet to start producing. This is for the brave hearted with the ability to leave the funds in for the long term.
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Not applicable
True, truely for the brave hearted.It has been moving up at a very slow pace and according to me it is herding for R3.40 but after how long will it get there? Good for investors(or share holders) but bad for Traders
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