wmt..worth a punt do you think?, page-2

  1. 649 Posts.
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    It depends entirely on what you perceive to be long term outlook for the metals WMT produce. It appears to have sorted out its financial problems, howver the dilutionary effect on the current shareholders is quite large. If this takes out the hedging and the announcements so far have not been fully clear on this and if WMT is profitable at current levels then it is probably worth a punt. Unfortunately I don't think that the market is informed enough to make a decision on this stock at the moment and that is why its price has sunk so low. I hold a significant proportion of this stock and have been trying to sort the situation out, unsuccessfully so far. If others have more information than the company announcements. I'd love to hear their opinion
 
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