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.
- Forums
- ASX - By Stock
- Ann: Growth Potential Enhanced Following Gillett Drill Results
Would be great to see an offtake agreement with an EV...
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WIN (ASX) to my watchlist
(20min delay)
|
|||||
Last
2.3¢ |
Change
-0.002(8.00%) |
Mkt cap ! $7.341M |
Open | High | Low | Value | Volume |
2.4¢ | 2.5¢ | 2.3¢ | $4.92K | 204.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 245316 | 2.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.5¢ | 21 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 245316 | 0.023 |
4 | 268346 | 0.021 |
2 | 550000 | 0.020 |
2 | 315714 | 0.016 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.025 | 21 | 1 |
0.029 | 6579 | 1 |
0.032 | 5158 | 3 |
0.034 | 80360 | 1 |
0.035 | 47804 | 1 |
Last trade - 15.56pm 28/06/2024 (20 minute delay) ? |
Featured News
WIN (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online