Wasabi Energy Share Discussion Threads

[ontley] 31/10/2013 12:11

I believe a reverse split works as follows...

Say you hold I Million shares in a stock at 1p, they would be converted to 100K shares at 10p thereby reducing the number of shares in issue.

Market cap stays the same!

Nice to see some blue today!

[andyview] 31/10/2013 12:00

5 mil buy at 10.58 late trade

[nw99] 31/10/2013 11:41

Looks like I started a chain reaction

[andyview] 31/10/2013 11:28

I've taken a small position on this, I think the news is positive and progress being made

[daithedeath] 31/10/2013 09:53

Decent volume today so far

[diggerking] 31/10/2013 09:11

Sorry to be ignorant but what is a reverse split?

[daithedeath] 31/10/2013 09:06

Was could embark on a share buy back programme in the future ?

[vyke82] 31/10/2013 08:09

Biggest problem is number of shares. There is almost certainly going to be a reverse split.

[illuminati1] 31/10/2013 07:03

Closed down -14% on ASX at 6c ~ 0.35p Volume 47 million

[nw99] 30/10/2013 08:01

Down near Hinkley point today and the locals are excited about the new work that the site will bring

[ontley] 30/10/2013 07:36

Price level on ASX ,large volume though

[ontley] 29/10/2013 13:08

I have tucked a few of these away for the long term. IMHO, WAS has big growth potential,good experienced management,plenty of newsflow to come and is generally, an interesting company to follow, So it should be a fun ride from here.

GLA

O.

[illuminati1] 29/10/2013 06:52

Was down -7% on ASX closed at 7c ~ 0.41p

[nw99] 28/10/2013 08:17

Bouncing and looks good for a retrace

[nw99] 25/10/2013 11:19

Added more today here is very close to 61% retrace from high

[smythy4] 25/10/2013 11:00

Will drop to 35-8 before stabilising imo

[nw99] 25/10/2013 09:03

I added yesterday at 0.49

[diggerking] 25/10/2013 08:09

A great chance to add.

Never forget this share has been as high as 3p. This was before things were as advanced as they are now.

Patience is the key here,for far greater returns.

[daithedeath] 25/10/2013 07:47

See page 2
Adding a Kalina cycle plant to recover approx 220 C waste heat from Power station PF boiler flue gas could increase the output . IMVHO

[smythy4] 25/10/2013 07:39

If this drops through 45, then I expect a more violent downward drop. Very worrying for any pis not disciplined enough to get out before a bigger drop

[smythy4] 25/10/2013 07:27

As I said yesterday, much MUCH more to drop before this stabilises imo

Not a smart idea to attempt to grind it out...the drop is going to be sustained

[nw99] 25/10/2013 07:24

Added here on the pullback