That speaks volume doesn't about WR1 management vs Frontier Lithium's
Frontier skipped a highly dilutive CR by securing a +70% premium to market valuation strategic investment for $25mil - all this done with Frontier's 2 x tiny pea sized deposit and WITHOUT plant asset like Renard
WR1 on the hand has a 80mt MRE deposit and $1bil Renard plant and they went out of their way to seek a 60% discount cap raise at 85c when just several weeks prior the sp was $1.40.
Post 85c cr it precipitated a drop to 50s cent range. It is beyond defensible imo
That speaks volume doesn't about WR1 management vs Frontier...
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Last
51.0¢ |
Change
-0.015(2.86%) |
Mkt cap ! $112.9M | |||
| Open | High | Low | Value | Volume |
| 52.5¢ | 53.0¢ | 51.0¢ | $260.9K | 505.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 96339 | 51.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 51.5¢ | 8525 | 3 |
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| WR1 (ASX) Chart |