How to play Australia’s Nickel names

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Question asked 13/01/2022

How to play Australia’s Nickel names

Hi James & Team, I own both IGO and WSA. WSA is trading higher than the $3.36 offer from IGO on speculation Andrew Forrest and even BHP might show interest. Would you sell into this strength or wait and see if another suitor emerges? Regards Debbie

Answer

Hi Debbie,

We actually mentioned WSA in Fridays report, we believe there’s a good chance that the stock will punch above $3.50 either on speculation of, or an actual new bid but either way we feel WSA goes higher from here.

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Western Areas (WSA)

LAST UPDATED 18/12/2021 07:19

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