WR1 is under valued because the Adina discovery was made at the very end of lithium 2.0.
So it had no chance to grow its market cap as say compared to PMET and others who were 12 to 18 months ahead in discovery terms.
So 12 to 18 months extra exposure to a buoyant market makes a huge difference to market cap growth.
So we just got going and lithium prices started to plummet.
That would affect any Company's market cap. growth.
This was stated by Chris Evans himself in one of his interviews.
Again. Flawed arguments by you.
WR1 is under valued because the Adina discovery was made at the...
-
- There are more pages in this discussion • 74 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add WR1 (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
50.5¢ |
Change
-0.020(3.81%) |
Mkt cap ! $111.8M | |||
| Open | High | Low | Value | Volume |
| 51.5¢ | 52.0¢ | 49.0¢ | $511.5K | 1.015M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 15000 | 50.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.5¢ | 16174 | 1 |
View Market Depth
| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| WR1 (ASX) Chart |