"It recorded a net profit of 400 million last year, which means it would've moved back to its peak market cap had it still been publicly listed"
Sure and what stock price would that have been after all the dilution at the lows? Look at MGX as another example although not quite as bad as AGO, but this is all besides the point.
"You've been here advising people to sell at the bottom of this cycle, while your example shows they should do the opposite."
I haven't advised anyone to do anything at all but they do need something like 140% gain from here to get back to where I said the stock was going to break down.
- Forums
- ASX - By Stock
- WR1
- Ann: High Grade Drilling Results at Adina Project
Ann: High Grade Drilling Results at Adina Project, page-79
-
- There are more pages in this discussion • 93 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WR1 (ASX) to my watchlist
(20min delay)
|
|||||
Last
52.0¢ |
Change
-0.010(1.89%) |
Mkt cap ! $112.4M |
Open | High | Low | Value | Volume |
53.5¢ | 54.0¢ | 50.5¢ | $187.4K | 364.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 19801 | 50.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
52.0¢ | 2578 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 19801 | 0.505 |
1 | 2000 | 0.500 |
1 | 20000 | 0.495 |
3 | 31704 | 0.490 |
1 | 6758 | 0.485 |
Price($) | Vol. | No. |
---|---|---|
0.520 | 2578 | 1 |
0.540 | 50556 | 3 |
0.545 | 5506 | 1 |
0.550 | 1000 | 1 |
0.555 | 5000 | 1 |
Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
Featured News
WR1 (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online