Member Info for MrJones

I sold my small £500 stake, but I know I'll be back in asap. I'm just going to keep trying my luck on the yoyo with WAS. Good to see a big rise again back towards the 0.4 level. I still maintain that anything below that price is cheap.

If WAS run out of options to raise cash, then I would agree with coley14, but looking at WAS on the Australian market - it is now holding steady and it looks like the sell off has now been overdone. It closed at 0.5c with highs of 0.7c during the trading day. Today it did not reach the lows of 0.4c like it did on Monday. I think that is why we are seeing a modest up tick today on AIM. I think it will take either good news or a slow rise back to the 0.4p price IMHO. I'd be happy if the sp drops another 50% now, perfect buying opportunity, but I don't think we will get the buying price of 0.31-0.32 like we had recently.

Looks like WAS has reached the lowest it would after Blackrock sold their stake (and thus rattled other shareholders until it became fully known). Looks like a bargain at these prices, if WAS can deliver the goods.

Perfect buying opportunity - with buy prices from 0.315 - 0.32. Flush out a few more sellers and hold tight for a few weeks and we might have bagged ourselves a bargain.

I think we've seen the share price reach it's lows now (no more deline in Australia) and today should be a quieter day but could mean investors pick this up at a low price. Just one piece of good news can make all the difference!

I think WAS has some great technology products but the big worry has to be - why the massive sell off on Friday? The risk for small investors would be if the big boys have sold out ahead of the company going under (i.e. cut their losses and bailed out). Just seems strange that a record 191.7m shares were traded on ASX on Friday but no RNS was released. That's why we had the 16% drop in Australia and UK. Yet I am sure the directors of WAS will do everything possible to make sure this company stays afloat and planned projects will see completion, after all it is in their interests and ours that this happens. Cash is tight at the moment and they may have to find other ways of making sure they get through a difficult period. This is one of those stocks that is not for the faint hearted. I've been following WAS for quite a while and have made losses and gains depending on how brave or scared I feel at the time. It might turn out to have been a major investor selling out but we'll have to wait and see. My best advise would be to watch how it does in Australia on Monday (since they are almost 12hrs ahead of AIM it will give us a good indication of how our share price will open). http://www.asx.com.au/asx/research/companyInfo.do?by=asxCode&asxCode=WAS#chart Let's hope the BoD can sail us through to calmer waters .......

I bought £500 worth @0.32 today (and was fortunate enough to sell my previous holding yesterday for a modest £42 profit!)

The big drop in WAS here and in Australia to new lows is a concern and with lots of projects on the go but little cash available, this one is growing risky ...... but for the brave, it's a buying opportunity. For the rest it might be time to cut losses and bail out now.

66m sell @ 0.35 - that's a big one!

Finally the buying price has hit 0.4 with lots of big buys this morning.

Good to see more buys following on from yesterday's 32m shares traded. Still able to buy below the 0.4

The AGM is on November 19th in Australia and it wouldn't surprise me if we get the odd bit of good news prior to that meeting or a positive update at the AGM. This is still obviously a risk investment as we are near the year low for the share price but Moljen, myself and others are happy to buy in while the price hovers below 0.4. You back in yet Jolly?

I've put my money where my mouth is and dipped back in for the second time today - bought 260527 @0.38 but might come back for more *if* it drops to 0.35

Maybe some of those who bought in nearer the 0.6 price during the news update have bailed out to cut their losses? With the stock market near record highs, they might have chosen to invest in other stocks that look more promising, given the downward movement this week with WAS. I totally agree with TheRobster and Sanibel - we just need to wait for the expected good news. The fact the share price doubled on some crumbs of good news is a good sign. It's just holding your nerve and holding on ..... I MUST try harder.

0.35 was the lowest I bought in last time, but sold out out 0.4535 - just before the spike, but i had been sitting on other shares at 0.45 for a while so I sold because I got bored. If only I'd hung on a week longer .....

The 9.6m was a big sell-off for a "quiet" stock like WAS, but a perfect buying opportunity around the 0.4. Based on the recent news, it's a nice stock to tuck away and wait for the uplift. Pity I always get back out too early. For some strange reason, I do like WAS, so I expect to buy some more asap.

I've bought back in now that the price has dropped. I'm happy with 0.4175 ..... I'll sit and wait for the next upward move.

Well it has been an interesting week for the WAS share price and great to see some active discussions on here. Pity I sold my stock when it reached 0.4 - I have a knack of losing out!

Almost 20% up again - finally the sp has turned the corner and people are getting back in while it is still cheap. I originally got in just below 1p, lost out then got back in below 0.4 and below 0.45.

Good to see it ticking up quite nicely all morning. anything below 0.5 is cheap in my opinion.