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11.5¢ weststar industrial limited

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

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darp

570 Posts.

182

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 11.5¢		Change 0.000(0.00%)		Mkt cap ! $13.54M

Open	High	Low	Value	Volume
11.5¢	11.5¢	11.5¢	$242	2.104K

Buyers (Bids)

No.	Vol.	Price($)
2	222181	11.0¢

Sellers (Offers)

Price($)	Vol.	No.
11.5¢	171362	1

View Market Depth

No.	Vol.	Price($)
2	222181	0.110
1	50000	0.105
3	535500	0.100
1	20000	0.099
1	500000	0.090

Price($)	Vol.	No.
0.115	171362	1
0.120	166400	4
0.125	92500	2
0.130	99230	2
0.135	82799	2

Last trade - 16.10pm 07/11/2024 (20 minute delay)

WSI (ASX) Chart