WSI 0.00% 13.0¢ weststar industrial limited

My understanding is that Alltype has a few very small...

  1. 896 Posts.
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    My understanding is that Alltype has a few very small transactional contracts sure but not nearly enough to sustain things. They have announced only 2 x $2 million contracts all year and the last quarterly is showing cash receipts for contracts awarded last year IMO. Cash receipts are trending down despite the Alltype acquisition and the next few quarters are going to be a real struggle given they haven't won any significant work all year.

    The order book is now basically empty and the proof of this is reading previous year's announcements where they almost always mentioned the order book size.

    I used to believe WSI was the most undervalued stock in the sector but now with no order book and a weak overall sector, there's better value elsewhere IMO.
 
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Last
13.0¢
Change
0.000(0.00%)
Mkt cap ! $14.39M
Open High Low Value Volume
13.0¢ 13.0¢ 12.0¢ $116.3K 934.3K

Buyers (Bids)

No. Vol. Price($)
2 88588 12.0¢
 

Sellers (Offers)

Price($) Vol. No.
13.5¢ 158000 2
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Last trade - 16.10pm 03/05/2024 (20 minute delay) ?
Last
12.5¢
  Change
0.000 ( 3.85 %)
Open High Low Volume
12.5¢ 12.5¢ 12.0¢ 579990
Last updated 15.59pm 03/05/2024 ?
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