Some big players exiting their positions - will be interesting if we get any announcement of 'ceasing to be a substantial holder' an the like. This is a bloodbath day on the ASX, so I'm surprised it got as high as it did.
We'll begin a more natural climb in the coming days, I wouldn't be too concerned with the bubbles up and down.
Important to keep perspective re our shares on issue and tiny market cap.
For example, our price right now would be $0.03c if we were as diluted as CXO (random comparison with a miner), or reverse that - if we had CXO's market cap, WIN would be $7.40. Doesn't everyone wish they bought in to those guys at 0.03c? That's where we are now.
S&P futures don't look amazing, so it might be a few days until the market goes properly into the green again - in any case, we're poised quite nicely to break out of the doldrums. Lots of upside potential with small caps with very few shares on issue - they are gunpowder with decent volumes (and not plain selloffs like today).
WIN Price at posting:
25.5¢ Sentiment: Buy Disclosure: Held
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