Would be great to see an offtake agreement with an EV manufacturer or similar. Remembering that our parent company (NMT) already has agreements with Mercedes Benz. I think this could set the grass on fire for us.
I agree that it's horrid to wait, but personally, I would rather see the SP increase slowly as macro conditions improve, before we need to do a capital raise. The more our shares are worth, the less they'll need to print/dilute us. One of my favourite aspects of WIN is the low dilution. I've watched other companies with very few shares explode like dynamite when things get going, and I know Widgie is headed the same way.
I'd hate for WIN to have to print millions more shares to fund the mining at this SP. Happier to wait for a higher price, less dilution, and keep our trajectory good. Our low SOI is the very reason this price fluctuates by huge percentages on good news (when the market isn't dead). I hate penny stocks - pour in tens of millions of dollars to see it move ~1c whilst the CEO is lining their pockets with the share printer *click click click*.
When Widgie volumes crack $5-10m, the price jumps 60%. That is delicious.
TLDR; Happy to wait for the SP to increase before we do a CR.
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Last
4.7¢ |
Change
0.001(2.17%) |
Mkt cap ! $15.50M |
Open | High | Low | Value | Volume |
4.6¢ | 4.7¢ | 4.3¢ | $12.07K | 265.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 4.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.8¢ | 112741 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 0.044 |
1 | 45613 | 0.043 |
1 | 75000 | 0.042 |
2 | 47988 | 0.041 |
5 | 121350 | 0.040 |
Price($) | Vol. | No. |
---|---|---|
0.048 | 112741 | 3 |
0.050 | 42147 | 1 |
0.054 | 17666 | 2 |
0.055 | 30000 | 1 |
0.060 | 49799 | 2 |
Last trade - 15.58pm 18/10/2024 (20 minute delay) ? |
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WIN (ASX) Chart |