|From: leadform (Rep: 27)||Date: 2018-05-24 01:01:51|
|Forum: Pinks and BB - Thread #674011179 - List WMLP msgs||Msg #126859 - Part 1/1 (Rec: 0) |
|Parent co. WLBA @ .23 has $4.5M mark/cap. WLMP @ $3.94 has $5.4M. mark/cap.|
WLBA @ .23 has roughly 18M shares outstanding.
The stock traded as WLB a year ago @ $7.50 a share.
When WLB developed credit line issues the stock tanked along with subsidiary WMLP.
The very positive news story today related to WLBA through which WMLP also benefits via the new $110M credit line.
Well worth watching WLBA going forward.
Imo, WLBA should rise much higher in coming sessions as investors understand the relationship
Moodys likely restores the WLBA credit rating along with subsidiary WMLP in next few days. A big shot in arm for stock price.
Parent WLBA is Westmoreland Coal. Co.
Subsidiary WMLP is Westmoreland Resources Co.
Knowledge is money. Hope I spread some good info today on this Special Situation
The information provided above is believed to be accurate. This is not investment advice. Information contained in this message is not intended as trading advice for readers. This message is issued solely for informational and entertainment purposes and content is not to be construed as being an offer to sell or a solicitation to buy any security.
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