The main problem with the stockmarket is that it's so vulnerable to world events, which set off fear like a wildfire. Even the latest tension in Palestine has the potential to set off falls if it escalates. The worst fear, though, is a Chinese move on Taiwan, which would smash markets. So even though a stock like WR1 looks a safe bet to increase in value the macro environment is potentially so destructive that I personally wouldn't go into any kind of debt to finance investment in this or any other company. I was probably handed the best opportunity to make money in the market when my ex took off and the fully owned house had to be sold. That left me with insufficient funds to buy another so I rented instead and had nothing to lose by investing big in the market. Unfortunately I wasted my best opportunity for real wealth by selling a large holding in CXO just prior to its meteoric rise, and basically wasted time in a a few other stocks that didn't live up to their promise. One, though, MTC, led me into WR1 and in the first half of last year I sold others and put almost everything in here. Now I have the chance to make really serious money if this goes the way we all hope this year. So whilst I wouldn't suggest that anyone sells or re-mortgages their house to buy shares, if it's forced upon you by a marriage break-up it's not a bad idea. (Perhaps an idea for anyone not happy with the wife or hubby. Haha!)
- Forums
- ASX - By Stock
- WR1
- WR1 General Discussion
WR1 General Discussion, page-6237
Featured News
Add WR1 (ASX) to my watchlist
(20min delay)
|
|||||
Last
52.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $115.1M |
Open | High | Low | Value | Volume |
52.0¢ | 53.0¢ | 50.0¢ | $143.1K | 277.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 987 | 52.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
53.0¢ | 5000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 987 | 0.520 |
2 | 50990 | 0.505 |
6 | 91001 | 0.500 |
3 | 20700 | 0.495 |
6 | 48639 | 0.490 |
Price($) | Vol. | No. |
---|---|---|
0.530 | 5000 | 1 |
0.535 | 12169 | 2 |
0.540 | 371 | 1 |
0.545 | 26000 | 2 |
0.550 | 31500 | 2 |
Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
Featured News
WR1 (ASX) Chart |