Would be great to see an offtake agreement with an EV manufacturer or similar. Remembering that our parent company (NMT) already has agreements with Mercedes Benz. I think this could set the grass on fire for us.
I agree that it's horrid to wait, but personally, I would rather see the SP increase slowly as macro conditions improve, before we need to do a capital raise. The more our shares are worth, the less they'll need to print/dilute us. One of my favourite aspects of WIN is the low dilution. I've watched other companies with very few shares explode like dynamite when things get going, and I know Widgie is headed the same way.
I'd hate for WIN to have to print millions more shares to fund the mining at this SP. Happier to wait for a higher price, less dilution, and keep our trajectory good. Our low SOI is the very reason this price fluctuates by huge percentages on good news (when the market isn't dead). I hate penny stocks - pour in tens of millions of dollars to see it move ~1c whilst the CEO is lining their pockets with the share printer *click click click*.
When Widgie volumes crack $5-10m, the price jumps 60%. That is delicious.
TLDR; Happy to wait for the SP to increase before we do a CR.
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Last
2.2¢ |
Change
0.003(15.8%) |
Mkt cap ! $7.258M |
Open | High | Low | Value | Volume |
2.0¢ | 2.3¢ | 2.0¢ | $4.994K | 228.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 26368 | 1.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.4¢ | 1027744 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 26368 | 0.019 |
7 | 835848 | 0.018 |
3 | 297462 | 0.017 |
2 | 315714 | 0.016 |
1 | 15000 | 0.015 |
Price($) | Vol. | No. |
---|---|---|
0.024 | 1027744 | 1 |
0.025 | 260000 | 2 |
0.026 | 59999 | 1 |
0.027 | 38469 | 2 |
0.030 | 108689 | 4 |
Last trade - 15.58pm 15/08/2024 (20 minute delay) ? |
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