I like to look at what the stock has risen from.. In the case of WA, the SP rocketed up from 13c to $2. Which means the amount of profit to be taken is huge!
With that said, and I am basing this statement only on experience with other stocks over time I would be surprised if there was 3-4 weeks of no news the SP could easily come back to 80c for example because at 80c the SP is still 5x higher then before the re-rate.
Marco will determine a lot of the next month but it seems to be red across the board.
Ann: West Arunta Project - High Grade Nb-Ta in Weathered Zone, page-223
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Last
$15.13 |
Change
-0.420(2.70%) |
Mkt cap ! $985.9M | |||
| Open | High | Low | Value | Volume |
| $15.51 | $15.63 | $15.10 | $2.231M | 145.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 169 | $15.12 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.15 | 733 | 9 |
View Market Depth
| Last trade - 14.04pm 23/07/2024 (20 minute delay) ? |
| WA1 (ASX) Chart |