I think the fact is most of our non-institutional shareholders are not really committed long term. They came here to make money in as short a time frame as possible. They don't see the SP going up so they want their money out. That'd be true for just about any stock of course. It's in no way a true reflection of the company's merits. In fact if it was WR1 would be scratching around with a 10Mt resource 300m deep, and with $3M in the bank. We just have to let the cycle run its course for now.
WR1 Chart Thread, page-136
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Last
54.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $117.9M | |||
| Open | High | Low | Value | Volume |
| 55.0¢ | 56.0¢ | 53.5¢ | $244.4K | 442.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3499 | 54.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 57.0¢ | 19105 | 2 |
View Market Depth
| Last trade - 16.10pm 28/08/2024 (20 minute delay) ? |
| WR1 (ASX) Chart |