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51.0¢ winsome resources limited

Agree, but today's thing seems like some cheap trader doing...

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Anantha

155 Posts.

9

21/10/22

14:21

Post #: 64322744
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Originally posted by seaemay: ↑

My thoughts exactly, mate. It always mystifies me. Why sell today for under 37c? Did they believe the SP was on its way back to 30c? But it just seems to be the normal pattern on a generally negative market day. My long-held conclusion is that a sizeable chunk of holders in any stock are short-term traders, rather than people looking ahead to make serious profits. Short term trading can provide a decent income but I've seen time and again that the big money is made by those who correctly target developing companies with a sound financial footing, good management and great prospects in either a sought-after commodity or service and then stick with their judgement unless things change. Sure, WR1 may not discover a bonanza in this round of drilling but they've heaps of ground to explore for what is a hot commodity.

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Agree, but today's thing seems like some cheap trader doing selling and buying

WR1 Price at posting: 38.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 51.0¢		Change -0.035(6.42%)		Mkt cap ! $110.3M

Open	High	Low	Value	Volume
55.0¢	55.0¢	50.0¢	$538.3K	1.044M

Buyers (Bids)

No.	Vol.	Price($)
2	14592	50.5¢

Sellers (Offers)

Price($)	Vol.	No.
51.0¢	14997	1

View Market Depth

No.	Vol.	Price($)
2	14592	0.505
4	30313	0.500
2	35000	0.495
5	97122	0.490
6	28035	0.480

Price($)	Vol.	No.
0.510	14997	1
0.520	14611	1
0.530	2000	1
0.535	50000	1
0.550	6586	1

Last trade - 16.10pm 29/08/2024 (20 minute delay)

WR1 (ASX) Chart