Far East Capital Newsletter
West Wits screams incredible value at these levels
5 Dec 2021

In This Issue


West Wits screams incredible value at these levels

We managed to survive the new strain of the virus without too much pain in the market. We should understand by now that we will see see more varieties as time goes by, just as there are new strains of the flu every year. A very small number of people will continue succumb to both the virus and the flu without the need for much drama going forward, now that vaccination levels are high. Isn’t that what the objective has been?

Sentiment slumped during the week as many gold stocks came off heavily with the fall in the gold price, but this was largely the giving back of recent gains. Uraniums stocks are testing their uptrends.

The share price of WWI has fallen out of bed in recent months as speculators pulled out ahead of the current entitlement issue, but this has been all about pragmatic trading. Once the 1 for 6 underwritten issue at 3c is digested, the scene will be set for a recovery in the share price.
 

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