“We'll need something in the way of a major announcement to recover lost ground now, unless the lithium price rises, which seems unlikely for a while“
Good afternoon all,
I disagree with the above commentary, every and anything announced by Winsome is met with selling. It’s a joke that a company with North americas biggest indicated deposit (61.4Mt at 1.14% Li2O) is at the value it is at compared to peers 3-12 times cheaper to be precise. Not only the deposit we hold from ground (simple pit design low strip ratio) but future growth (61.5m at 1.62%LI) not included in MRE update the Renard mine option, this whole thing is super frustrating from the sidelines.
I have been a professional investor for the last 20 years in the ASX and I have not found a low valued over looked company ever before like winsome. I have a substantial position and added another $240,000 the Wednesday at $1.28 stupid me should have known it would get dumped and could have brought in cheaper, looking at the brokerage data shares from Helios shows commsec major selling here and UBS continuation of buying then selling. We don’t need news we have the best news of any ASX LI player of late (See LRS for comparison) we need a better more stable share registry.
Rant over, hope for new more long term investors taking part asap allowing re rate to occur!
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Mkt cap ! $111.8M |
Open | High | Low | Value | Volume |
51.5¢ | 52.0¢ | 49.0¢ | $511.5K | 1.015M |
Buyers (Bids)
No. | Vol. | Price($) |
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2 | 15000 | 50.0¢ |
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Price($) | Vol. | No. |
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50.5¢ | 16174 | 1 |
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7 | 26975 | 0.490 |
3 | 37050 | 0.485 |
6 | 43671 | 0.480 |
1 | 17000 | 0.475 |
Price($) | Vol. | No. |
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0.505 | 16174 | 1 |
0.520 | 43000 | 3 |
0.540 | 5000 | 1 |
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