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$19.47 wa1 resources ltd

i think borrowing will certainly be on the table as the project...

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Iknowyysh

3,154 Posts.

463

11/05/24

14:46

Post #: 73777896
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Originally posted by tradedemon: ↑

So people have been saying the next billion in market cap should come quicker. I also agree with this.

it also makes sense that the stock market should boom as it did after the housing boom in early 2000’s. People have made enough from this property boom so prices will probably stay flat for 5 years. All that hot property money will be looking for undervalued stocks.

the only people who push for more liquidity and share split are the funds who want to manipulate the stocks using algorithms and bots …. Make the dogs pay up with scarce supply and it will rise faster and higher to true value.

so you don’t include borrowing any money from the banks in your scenario iknowysh?

if wa1 could time the raising perfectly then they could raise money during the peak times and then construct during the downturn when there are downward pressure on wages, materials ect and not major cost blowouts

this has already happened in history recently with Sodexo able to reduce the price of utility staff by over $20,000 per annum in 2013/15 after that 2008 iron ore boom

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i think borrowing will certainly be on the table as the project metrics should stand up.

the idea of the raise will be pressure to bring on a cornerstone investment from someone.

WA1 Price at posting: $20.17 Sentiment: Buy Disclosure: Held
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(20min delay)
Last $19.47		Change 0.190(0.99%)		Mkt cap ! $1.194B

Open	High	Low	Value	Volume
$19.70	$20.14	$18.34	$7.210M	378.1K

Buyers (Bids)

No.	Vol.	Price($)
1	4737	$19.22

Sellers (Offers)

Price($)	Vol.	No.
$19.49	1662	1

View Market Depth

No.	Vol.	Price($)
1	100	19.600
1	15	19.500
2	470	19.490
2	241	19.470
2	24	19.400

Price($)	Vol.	No.
18.820	18	1
19.200	295	1
19.400	3000	1
19.470	75	1
19.490	2271	3

Last trade - 16.10pm 01/07/2024 (20 minute delay)

WA1 (ASX) Chart

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