WR1 3.73% 64.5¢ winsome resources limited

Generally the dump comes after the CR gets announced. At the...

  1. 1,255 Posts.
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    Generally the dump comes after the CR gets announced. At the moment it is all conjecture.
    Yes, an investor presentation does generally mean a CR is on the cards but the nearology of it is still in question.

    I think people will start assessing whether to sell for two reasons
    1.) Whether this is completed before the 007 ann
    2.) When they find out the SP that the cap is done at. (Even though we have the Canadian fow through)

    I may note that yes after the last cap raise, it was at $1 and then it was completed at 80c and it dropped there for about a day.
    The rest you can simply look at a chart.

    However, the easy response is most people here aren't looking to trade their shares in the short term so a slight dip that will get corrected doesn't really mean much. If it drops 15%, I as well as many people here will buy more. Fact will be, we will have double the money for shares bought and the money is to drill the shit out of our projects.

    If people are complaining why are the doing it so soon didn't we just do this a few months ago?
    Did we know just how big a motherload we are sitting on then? NO

    Enough said




 
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Last
64.5¢
Change
-0.025(3.73%)
Mkt cap ! $139.5M
Open High Low Value Volume
66.0¢ 66.5¢ 64.0¢ $464.1K 711.3K

Buyers (Bids)

No. Vol. Price($)
3 26507 64.5¢
 

Sellers (Offers)

Price($) Vol. No.
66.0¢ 5738 2
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Last trade - 16.10pm 19/07/2024 (20 minute delay) ?
WR1 (ASX) Chart
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