I think the risk to reward ratio is very good here. For an enterprise value of around $60 million, you get 2 shots at success at both Adina and Cancet, in an emerging greenfield lithium region. The other thing I like about WR1 is that they're cashed up and with a tight capital structure. Going forward, there'll be minimal dilution.
I think the risk to reward ratio is very good here. For an...
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Last
76.5¢ |
Change
0.005(0.66%) |
Mkt cap ! $164.5M | |||
| Open | High | Low | Value | Volume |
| 76.5¢ | 78.0¢ | 74.5¢ | $493.9K | 651.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 43997 | 75.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 77.0¢ | 10476 | 3 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| WR1 (ASX) Chart |