WR1 1.90% 51.5¢ winsome resources limited

WR1 General Discussion, page-33159

  1. 4,214 Posts.
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    Spot on. The ALTM share price closed at the equivalent of A$8.27 overnight, which is already 95% of the way to the takeover offer that’s not set to finalise until mid-2025. While some holders may still hope for a competing bid or a better offer, I believe the deal is essentially sealed.

    I plan to sell all of my remaining LTM shares—both from my superannuation and the kids' trust accounts—and reinvest those funds into more WR1 shares, and possibly a few other options today. Takeovers like this present a great opportunity, offering capital at a fair price in current market conditions. It’s a chance to invest when many top-quality lithium stocks are attractively priced, giving buyers plenty of choices.

    I imagine others are thinking similarly: why hold out for another 5% over 9 months when the market appears to be bottoming out, and there’s strong potential for other stocks to perform much better during that same time?
 
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Last
51.5¢
Change
-0.010(1.90%)
Mkt cap ! $114.0M
Open High Low Value Volume
52.5¢ 53.0¢ 51.0¢ $215.5K 416.8K

Buyers (Bids)

No. Vol. Price($)
4 97693 51.0¢
 

Sellers (Offers)

Price($) Vol. No.
51.5¢ 39745 4
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Last trade - 14.23pm 13/11/2024 (20 minute delay) ?
WR1 (ASX) Chart
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