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$13.50 wa1 resources ltd

Me too, the real action will begin in late July imo.

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CravenSpecialMild

1,411 Posts.

157

27/06/24

17:57

Post #: 74512133
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Originally posted by Novac: ↑

I still remember this like yesterday, It was a Friday about 20 years ago. I held FMG and got in at about $1.50 (before the stock split) and I was at work and about to go to lunch. Being a Friday stocks that have risen during the week tend to get sold off before the weekend so I sold my FMG shares for a small profit and went to lunch with the intension of buying them back cheaper.

I come back from lunch and FMG is in a TH and what happens next? one of the biggest asx announcements of all time, China to invest $2 Billion in infrastructure. The price gapped up to well over $3 and even though I predicted the bottom around $2.50 from memory, I was too stubborn to get in as I sold for $1.70 odd (do i sound familiar to anyone here? lol)

Enough of my hard luck story as FMG went over $100 on the old SOI, what I wanted to talk about is the infrastructure deal. Don't be surprised if big money is thrown at WA1 for infrastructure. A future client may want to lock in tonnage etc.

It's going to get very interesting once the MRE is announced. The non-holders keep reminding us of the Lassonde curve. I believe the fireworks will only begin after the MRE

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Me too, the real action will begin in late July imo.

WA1 Price at posting: $17.88 Sentiment: Hold Disclosure: Held
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(20min delay)
Last $13.50		Change -0.480(3.43%)		Mkt cap ! $875.6M

Open	High	Low	Value	Volume
$13.99	$14.03	$13.42	$1.920M	140.8K

Buyers (Bids)

No.	Vol.	Price($)
1	771	$13.50

Sellers (Offers)

Price($)	Vol.	No.
$13.56	895	2

View Market Depth

No.	Vol.	Price($)
1	771	13.500
1	500	13.420
1	1000	13.400
1	749	13.330
1	50	13.270

Price($)	Vol.	No.
13.790	800	1
13.900	1162	1
14.000	3200	3
14.080	200	1
14.090	1500	1

Last trade - 16.10pm 18/10/2024 (20 minute delay)

WA1 (ASX) Chart