Same reply I gave other people. Buy all you like because it is very cheap as the management destroyed the share price movement for this cycle. Chances are you can buy even cheaper. In fact, if you have the money and that much conviction, buy 1,000,000 shares under 0.22C ( because you can that is what the buy and sell spread is showing, and don't wait for any person to sell shares).
I think very few people who buy WZR, hold forever (This is a penny stock, not MQG). The majority are day traders I think. This stock had the potential to shake off the day traders (I was hoping it was doing when it stabilized around 0.32C) and was gathering some interest among the fund managers and institutional investors. No one talks about it now.
Cycles do matter. Look at Carthy wood's ETF. She buys these kinds of stocks (negative profile, negative cash flow) and is about to record a 24% loss in the market which moved 23%. Late cycle cash flow negative companies usually perform pretty badly.
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Last
3.0¢ |
Change
-0.001(3.23%) |
Mkt cap ! $41.18M |
Open | High | Low | Value | Volume |
3.0¢ | 3.1¢ | 3.0¢ | $23.82K | 771.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 485681 | 3.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.2¢ | 21567 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 485681 | 0.030 |
5 | 971724 | 0.029 |
5 | 2115019 | 0.028 |
2 | 500000 | 0.027 |
1 | 8000 | 0.026 |
Price($) | Vol. | No. |
---|---|---|
0.032 | 21567 | 2 |
0.033 | 193500 | 2 |
0.034 | 597613 | 3 |
0.035 | 684639 | 5 |
0.036 | 15386 | 1 |
Last trade - 16.10pm 30/07/2024 (20 minute delay) ? |
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