Yeah, WSI definitely needs a super big low-margin risky contract so it can have huge writedowns and major cash issues like sector peers are having?!
Ten $5 million contracts is exactly the same as one for $50 million except the latter has much more risk!
Slow and steady is fine by me with the growth and profits this management team are delivering.
Your sentiment shifts based on whether or not you hold shares rather than the fundamental announcements of the business.
Anyone with any experience investing in this sector or who bothers to do a quick check of WSI's announcement history knows the contracts get awarded from March onwards, generally peaking in April/May.
Good luck with your re-entry price!![]()
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Yeah, WSI definitely needs a super big low-margin risky contract...
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Mkt cap ! $13.54M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
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3 | 218184 | 11.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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12.0¢ | 250000 | 1 |
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No. | Vol. | Price($) |
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3 | 218184 | 0.115 |
1 | 84030 | 0.110 |
2 | 128000 | 0.105 |
2 | 535000 | 0.100 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
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0.120 | 250000 | 1 |
0.125 | 55000 | 2 |
0.130 | 80000 | 1 |
0.135 | 102029 | 3 |
0.140 | 150859 | 1 |
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