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4.55%

11.5¢ weststar industrial limited

Has not been able to hold the 200 and no follow through volume....

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andrew9484

1,863 Posts.

198

08/09/22

21:24

Post #: 63600070
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Originally posted by andrew9484: ↑

The good news. A little bit of volume and chart has turned

the bad news and it’s FA and I don’t do FA well but

where are all the posters calling out 30+ mill cash
they are the ones not to listen to and DYOR

it’s 20 mill
they have 17th mill in trade receivables
minus 29 in trade liabilities.
so that’s 8 mill in my book ,
a company that makes in profit 200k , 1m, 800k + 4M over 4 years does not really have 20mill cash
but FA not my thing

4 mill net 6 ebita profit on 180 mill Rev is rather risky for any cost overuns

they only have 80mill work in hand covering the new work and the carry over, so they need contracts

the ok
4 mill for a 20mc company is not expensive 30mc is perhaps warranted, but risky as per their slim margins

the good,
I repeat the chart
possible 30c target, where there can be expected to be a lot of supply from stake holders.

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Has not been able to hold the 200 and no follow through volume. Those targets can be put to bed for now

WSI Price at posting: 17.5¢ Sentiment: Hold Disclosure: Not Held
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(20min delay)
Last 11.5¢		Change 0.005(4.55%)		Mkt cap ! $13.54M

Open	High	Low	Value	Volume
11.5¢	11.5¢	11.5¢	$23K	200K

Buyers (Bids)

No.	Vol.	Price($)
2	222181	11.0¢

Sellers (Offers)

Price($)	Vol.	No.
11.5¢	173466	1

View Market Depth

No.	Vol.	Price($)
2	222181	0.110
2	100000	0.105
3	535500	0.100
1	20000	0.099
1	500000	0.090

Price($)	Vol.	No.
0.115	173466	1
0.120	166400	4
0.125	92500	2
0.130	99230	2
0.135	82799	2

Last trade - 10.22am 05/11/2024 (20 minute delay)

WSI (ASX) Chart