WR1 3.85% 50.0¢ winsome resources limited

Ann: Trading Halt, page-360

  1. 3,463 Posts.
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    Good question, I thought you were older haha, I don't think I want to know the answer though, I am down 70% on another stock,WR1 is at 1.37 currently so I don't think it could get too brutal in an event of a recession, could be wrong though, but penny stocks around 20c, 30c and under could be in a whole lot of trouble if a recession hits looking back at historical charts of the likes of CXO and RNU, who got smashed in 2011 with a long ride back up. The older guys will know better though.

    Basically if another GFC happens, Aussie gov can forget about the emission reduction targets haha, even right now as it is, they are being really ambitious, there needs to be a lot more government funding to get to net zero, and the Greens are laughable in wanting net zero by 2035, you need a massive scale of investment for these things to happen, well over a trillion dollars for Australia alone, the estimate was 1.9 trillion between 2022 and 2050, the figure now probably is over 2 trillion factoring in inflation.
 
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Last
50.0¢
Change
-0.020(3.85%)
Mkt cap ! $111.4M
Open High Low Value Volume
52.0¢ 52.0¢ 49.5¢ $129.9K 255.4K

Buyers (Bids)

No. Vol. Price($)
8 61166 49.0¢
 

Sellers (Offers)

Price($) Vol. No.
50.0¢ 6094 3
View Market Depth
Last trade - 12.53pm 18/09/2024 (20 minute delay) ?
WR1 (ASX) Chart
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