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12.5%

0.9¢ westar resources limited

Ann: Quarterly Activities Report, page-3

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Snake26

2,399 Posts.

123

21/08/22

09:52

Post #: 63232132
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Originally posted by Klue: ↑

Looks like a really great shell, and so much cheaper than the last raise price. I've noticed Foster Stockbroking have had a couple terrible raising's previously, TAR was a shocker, and there are 17m shares coming out of escrow(5.25m seed at 5c each?) in December, but beyond those two things can anyone advise what is making this so doggy? Something seriously wrong? or just no need to love it till an acquisition arrives?
Discovery Capital generally do things well, this has flopped since IPO and on listing they gave up their advisory mandate and options...so something nasty gone on behind the scenes? Some wanksters on the board? Did Discovery end up with their 1m shares for $300, are they part of the escrowed 17M? Administration costs of the IPO funds seem high as well.
What do Lowell see happening?

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yes the discovery capital piece is a tricky one

il buying down here- I agree there’s a lot of potential here

RMS is lurking

WSR Price at posting: 4.7¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 0.9¢		Change 0.001(12.5%)		Mkt cap ! $3.588M

Open	High	Low	Value	Volume
0.8¢	1.0¢	0.8¢	$68.50K	7.879M

Buyers (Bids)

No.	Vol.	Price($)
2	899781	0.9¢

Sellers (Offers)

Price($)	Vol.	No.
1.0¢	3606487	12

View Market Depth

No.	Vol.	Price($)
2	899781	0.009
15	7268709	0.008
18	7608797	0.007
8	2300160	0.006
5	3300000	0.005

Price($)	Vol.	No.
0.010	3606487	12
0.011	3685656	12
0.012	2818872	11
0.013	2352700	5
0.014	1973870	9

Last trade - 14.50pm 28/10/2024 (20 minute delay)

WSR (ASX) Chart