WR1 5.80% $1.06 winsome resources limited

Loaded some more today since I still do not see any reason for...

  1. 13 Posts.
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    Loaded some more today since I still do not see any reason for this sell-off besides weak hands and those who gambled on the MRE announcement and have been pushed into selling pressure now. Yes, volume has been higher the last days but also not that crazy high as it has been last year.

    Lithium stocks are unsexy at the moment. However, I see more upside than downside potential for 2024 and there are still some promising catalysts for WR1. For me, it is still crazy undervalued looking at cash position and MRE results. I won't compare WR1 with any other junior miner since they mostly handle totally different situations, but if I would have to choose, I'd prefer a low pit (literally starting on surface) and good grades around 1.1% instead of e.g. a deep pit with slightly better grades of 1.3%. But maybe I'm still blinded by the light
 
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Last
$1.06
Change
-0.065(5.80%)
Mkt cap ! $201.2M
Open High Low Value Volume
$1.14 $1.14 $1.05 $1.265M 1.175M

Buyers (Bids)

No. Vol. Price($)
1 496 $1.06
 

Sellers (Offers)

Price($) Vol. No.
$1.08 23860 3
View Market Depth
Last trade - 16.10pm 03/06/2024 (20 minute delay) ?
Last
$1.06
  Change
-0.065 ( 6.00 %)
Open High Low Volume
$1.12 $1.14 $1.05 167875
Last updated 15.59pm 03/06/2024 ?
WR1 (ASX) Chart
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