3698 days ago
Yesterday I pointed out how Wolf Minerals (WLFE) the AIM Cesspit and ASX listed wannabbee miner had engaged in typical pump and place activities which will inevitably see some PIs (the folks paying 26p two weeks ago) screwed as institutions get in on a placing at sub 20p.
Actually we do not know what the placing price will be yet, Wolf has not got around to letting us know. Perhaps its board is too busy enjoying spending the A$1.2m they trouser collectively each year. You can read about the pump and place HERE.
While we mere mortals were fooled by this operation I should flag up that the World’s Number One Mining Analyst Roger Bade of Whitman Howard was not legged over. Writing after an operational update on 20th January the great man opined:
