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3.85%

12.5¢ weststar industrial limited

Lute I have had Net Nets before, they tend to resolve well. KRM,...

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darp

530 Posts.

177

12/01/23

11:17

Post #: 65653695
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Originally posted by Lute: ↑

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

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Lute I have had Net Nets before, they tend to resolve well. KRM, got a triple at peak.

WSI Price at posting: 20.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 12.5¢		Change -0.005(3.85%)		Mkt cap ! $14.72M

Open	High	Low	Value	Volume
12.8¢	12.8¢	12.5¢	$25.00K	200.0K

Buyers (Bids)

No.	Vol.	Price($)
1	10757	12.5¢

Sellers (Offers)

Price($)	Vol.	No.
13.0¢	100000	1

View Market Depth

No.	Vol.	Price($)
1	10757	0.125
2	66038	0.120
1	10000	0.105
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.130	100000	1
0.135	25000	1
0.140	150859	1
0.145	41230	2
0.185	100000	1

Last trade - 14.50pm 29/08/2024 (20 minute delay)

WSI (ASX) Chart