WA1 1.37% $13.35 wa1 resources ltd

Hey Craven,Disclaimer: heaps deep. IPAs. So good. So maybe a...

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  1. 1,211 Posts.
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    Hey Craven,

    Disclaimer: heaps deep. IPAs. So good.
    So maybe a little self-indulgent, filled with spelling mistakes and bad grammar, but stull, sorry, still relevant.

    Mate, 100% would agree with 98.3568% of stocks. But this is our company. Doesn't trade like others. Never has. Never will. She's always been consistent through space and time - it's just how she rolls. And I have posted similar since $1.12'ish. I think?

    It's what you get with such a beautiful share structure - such a tight register.
    Oh, and such a gun, rare and in-demand critical resource....(mine wink.png).
    Management go OK, too.

    But I digress.

    So, way back, whilst aware of the crazy fundamental potential, the price action totally stank. It just didn't stack up. CR at a premium? And a crazy tanking SP? Typical, quiet time manipulation? Had no idea. But it was scary.

    So, I studied. Did some proper practical (personal) research. And a mate chimed in later. Can't recall the exact number, but I reckon for me it was close to 40 + trades of various sizes over 6 weeks, just to watch/observe the action/reaction. Bot was reactionary almost every time, but 100% in accumulation mode of that I had no doubt. Sure, spent a bit in brokerage, but I needed to know. When I came to that conclusion, fark, did I ever pile in (patiently, so as not to disrupt the bot pattern - so sneaky - zero volume back then).

    It was only when I was absolutely certain that I posted observations @ circa $1.56. I'm not the misleading type.

    Sure, those swings, especially if you have a decent position are enough to make you cry. Like a baby. Like a very sad baby.
    Well, at least, back then they totally were.

    But now? Are you kidding? I actually, enjoy it. And trade accordingly.

    Looks like we pretty much have a mine. Fark knows how big - it's still open.

    Anyways.....hard to imagine a CR now IMO.

    But if there was, you'd expect it to be a 10-15% premium to market?














    Last edited by Gonzarella: 30/06/23
 
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Last
$13.35
Change
0.180(1.37%)
Mkt cap ! $904.0M
Open High Low Value Volume
$13.10 $13.37 $13.05 $2.087M 158.0K

Buyers (Bids)

No. Vol. Price($)
1 170 $13.30
 

Sellers (Offers)

Price($) Vol. No.
$13.40 630 2
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Last trade - 16.10pm 13/11/2024 (20 minute delay) ?
WA1 (ASX) Chart
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