GWR 9.09% 10.0¢ gwr group limited

Ann: IPO Prospectus for Western Gold Resources Lodged, page-71

  1. 26,807 Posts.
    lightbulb Created with Sketch. 3114
    falling because it has holders who cant keep their shirts tucked in, when the market pulls back, and the nervous types fret with China relations.

    If the company stays on course, and keeps the trucks rolling, and shipments sailing the rest will take care of itself.

    At what price someone sells, potentially a cash builder to mc, is up to them.

    But look at the BET. Positioning at approx 1 X cash builder, bets that without rocket science, trucks will roll, and ships will sale. And that in 12 months, stage 1 has delivered a bounty of cash.

    In that same period, stage 2 revealed, and come what other JV contractors to push ahead with.

    What BET are sellers taking ? as short positions ? that trucks wont roll, and ships wont sail.

    Last edited by stevenjd: 27/05/21
 
watchlist Created with Sketch. Add GWR (ASX) to my watchlist
(20min delay)
Last
10.0¢
Change
-0.010(9.09%)
Mkt cap ! $32.12M
Open High Low Value Volume
10.0¢ 10.0¢ 10.0¢ $10K 100.0K

Buyers (Bids)

No. Vol. Price($)
4 120559 10.0¢
 

Sellers (Offers)

Price($) Vol. No.
11.0¢ 97863 2
View Market Depth
Last trade - 16.10pm 03/05/2024 (20 minute delay) ?
Last
10.0¢
  Change
-0.010 ( 9.09 %)
Open High Low Volume
10.0¢ 10.0¢ 10.0¢ 19131
Last updated 15.47pm 03/05/2024 ?
GWR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.