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$20.89 wa1 resources ltd

i think borrowing will certainly be on the table as the project...

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Iknowyysh

3,062 Posts.

423

11/05/24

14:46

Post #: 73777896
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Originally posted by tradedemon: ↑

So people have been saying the next billion in market cap should come quicker. I also agree with this.

it also makes sense that the stock market should boom as it did after the housing boom in early 2000’s. People have made enough from this property boom so prices will probably stay flat for 5 years. All that hot property money will be looking for undervalued stocks.

the only people who push for more liquidity and share split are the funds who want to manipulate the stocks using algorithms and bots …. Make the dogs pay up with scarce supply and it will rise faster and higher to true value.

so you don’t include borrowing any money from the banks in your scenario iknowysh?

if wa1 could time the raising perfectly then they could raise money during the peak times and then construct during the downturn when there are downward pressure on wages, materials ect and not major cost blowouts

this has already happened in history recently with Sodexo able to reduce the price of utility staff by over $20,000 per annum in 2013/15 after that 2008 iron ore boom

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i think borrowing will certainly be on the table as the project metrics should stand up.

the idea of the raise will be pressure to bring on a cornerstone investment from someone.

WA1 Price at posting: $20.17 Sentiment: Buy Disclosure: Held
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(20min delay)
Last $20.89		Change 0.230(1.11%)		Mkt cap ! $1.285B

Open	High	Low	Value	Volume
$20.60	$21.02	$20.20	$1.419M	68.52K

Buyers (Bids)

No.	Vol.	Price($)
4	216	$20.82

Sellers (Offers)

Price($)	Vol.	No.
$20.87	139	3

View Market Depth

No.	Vol.	Price($)
1	30	20.820
3	227	20.810
4	184	20.800
3	528	20.790
1	100	20.780

Price($)	Vol.	No.
20.870	154	4
20.880	262	5
20.890	98	2
20.900	58	2
20.910	773	10

Last trade - 11.26am 24/05/2024 (20 minute delay)


Last $20.91			Change 0.230 ( 1.89 %)
Open	High		Low	Volume
$20.35	$21.02		$20.32	1002
Last updated 11.37am 24/05/2024 ?

WA1 (ASX) Chart