It would appear that a large shareholder has exited his position in WMI after the results & dividend was announced.
Buying WMI in low $1.40s would appear to be a very sound investment. The market price for WMI fell 12 cents in a about 25 minutes shortly after the opening of trading this morning. If the price gets any lower it will be an absolute bargain.
Some solid buying orders are starting to appear & the downward momentum looks like stalling.
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WMI
wam microcap limited
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0.65%
!
$1.54

Which WAM stock to buy?, page-13
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Last
$1.54 |
Change
0.010(0.65%) |
Mkt cap ! $429.9M |
Open | High | Low | Value | Volume |
$1.55 | $1.56 | $1.54 | $270.3K | 174.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 2315 | $1.54 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.56 | 15000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 2315 | 1.540 |
1 | 11993 | 1.535 |
1 | 8000 | 1.530 |
1 | 5000 | 1.525 |
2 | 7000 | 1.520 |
Price($) | Vol. | No. |
---|---|---|
1.560 | 15000 | 1 |
1.570 | 32814 | 3 |
1.575 | 16685 | 3 |
1.580 | 37324 | 2 |
1.600 | 18251 | 2 |
Last trade - 15.50pm 01/08/2025 (20 minute delay) ? |
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WMI (ASX) Chart |
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REDCASTLE RESOURCES LIMITED
Ron Miller, Non-Executive Director
Ron Miller
Non-Executive Director
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