Darp, I'm a big fan of Livermore, Bill ONeil and Darvas.
Yes, they all used price action as everything you need to know is in the chart.
I have held WSI for close to a year.
Bought in at 0.28 thinking it was cheap at a market cap of $30 million.
Now WSI has close to $20 million in cash with a market cap $20.5 million.
I've been scratching my head for the last 6 months wondering wtf is going on here.
It's obvious the market does not like the margins WSI operate on. (Approx 3-5%)
Any f$%k ups in costs and there goes the years profit.
In the current inflationary environment, it's easy see why the market is skeptical going forward with the WSI business model.
Cheers Lute
Darp, I'm a big fan of Livermore, Bill ONeil and Darvas.Yes,...
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Last
13.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $15.89M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 13.5¢ | 13.5¢ | $6.006K | 44.48K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 63955 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 28513 | 1 |
View Market Depth
| Last trade - 12.14pm 25/07/2024 (20 minute delay) ? |
| WSI (ASX) Chart |