I feel like WAF is consolidating at the moment before it makes it's next sharp movement upwards. Having one of the best mines and management, I don't think it will be too long before WAF tests all time highs around $1.40. As per the chart, there have been plenty of consolidated periods which some very sharp bursts upwards in between. You definitely want to be invested before a sharp turn upwards, especially if it breaks out to new all time highs. As a result, this current consolidation could be an opportune time to accrue stock in expectation of a new rally.
The strengthening gold price only adds more confidence for acquiring quality gold stocks like WAF IMO.
Ann: WAF intercepts 20.5m at 2.98 g/t gold at MV3 East, page-11
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Last
$1.42 |
Change
0.015(1.07%) |
Mkt cap ! $1.444B | |||
| Open | High | Low | Value | Volume |
| $1.43 | $1.43 | $1.39 | $3.420M | 2.422M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 28 | 46948 | $1.42 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.43 | 36577 | 25 |
View Market Depth
| Last trade - 12.16pm 11/07/2024 (20 minute delay) ? |
| WAF (ASX) Chart |