WR1 8.15% 73.0¢ winsome resources limited

Ann: Exceptional Metallurgical Test work Results from Adina, page-71

  1. 1,255 Posts.
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    1.) again an assumption of 10% return p.a not a guaranteed otherwise no one would buy bonds.
    2.) 14% compounding (10% pa+ 4% inflation) = $3.60 Learn to use a calculate if you can't do basic maths.


    Again agree with what you're saying. I can't 100% say that my money will always be worth more because I've certainly made a loss.
    However, that's the same as using a chart. Its purely based on probability as to what you can predict the next price action to be.
    I do a fair bit of trading to make returns during down turns of my longer holds, such as this year with Li. Agree with you or taking the risk management though. As I pointed out to Kev, I'm happy to hold WR1 as most of my shares are free held.

    I would hope that all traders and investors have risk management in place, otherwise we're starting to get into the remit of gambling more than anything.

    Congrats on doing well in the market recently, Uranium has had quite the tear.
    But to be fair. To put it in perspective for everyone reading this.
    If I had invested $2.50 in SYA last week it'd be worth more than $4 today.



    Last edited by ForeverNewbie: 20/02/24
 
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