WWI 7.69% 1.4¢ west wits mining limited

stocks are rational but they operate to a different set of...

  1. 9,811 Posts.
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    stocks are rational but they operate to a different set of logics than most people appreciate

    like i said - stocks charts reflect water dynamics because of accumulation and distribution zones. so they arent directly attached to say gold price

    that means OTT hard rises tend to give way to OTT hard falls in pre cashflow stocks - because all that supports them is theory of cheapness or sometimes not even that

    thats why I look at WWI setup here with rampant optimism - because its soooo cheap + near to 2 triggers

    it could hit 6c and it would still be cheap with nothing priced in for actual cashflow - ie no true risk to poor go mining execution

    people with stock blinkers on dont get this - all they see is company narrative vs individual purchase decisions

    only reason this was my smallest holding was because I was 99% invested.

    But my conviction is very high because of what I said above. Id have put in whatever cash I had.

    risk only really starts entering a holding here above ~5c imo in a trend sense
 
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Last
1.4¢
Change
0.001(7.69%)
Mkt cap ! $35.58M
Open High Low Value Volume
1.4¢ 1.4¢ 1.4¢ $2.8K 200K

Buyers (Bids)

No. Vol. Price($)
13 7061038 1.3¢
 

Sellers (Offers)

Price($) Vol. No.
1.4¢ 529999 3
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Last trade - 10.08am 02/09/2024 (20 minute delay) ?
WWI (ASX) Chart
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