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Sometimes crystallisation of loss is better than enduring the...

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ksvs

3,243 Posts.

597

12/05/24

15:19

Post #: 73784995
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Originally posted by BrucieKibbutz: ↑

Nickel Price is in the toilet..... Can't really be mad at the company for that. Also could have tripled your money at .60 from the .20 IPO price.

I guess thats the Rub, Its all about timing. Just gotta wait for the Nickel and lithium price to turn and then hope there is still relatively Low SOI like there is now. If you trust management at their word about having lots of interest in selling the DSO then you can't really fault the company in what they have said they were going to do. They are delivering on the increasing and defining the nickel resource so they will be ready when/If the commodity price comes good.

So yep bloody underwater on this one too but not going to crystalize a loss, Just bottom drawer it for a while and if it starts looking like a change in the wind maybe average down some more.

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Sometimes crystallisation of loss is better than enduring the pain . Yes management is good. Unfortunately Caught out by international producers who have no issues about environment concerns. A portion I sold but I will top up again when I see the signs of improvement.

WIN Price at posting: 3.7¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 4.8¢		Change 0.000(0.00%)		Mkt cap ! $15.83M

Open	High	Low	Value	Volume
4.8¢	4.8¢	4.8¢	$485	10.10K

Buyers (Bids)

No.	Vol.	Price($)
3	1653	4.8¢

Sellers (Offers)

Price($)	Vol.	No.
5.0¢	69892	1

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No.	Vol.	Price($)
3	1653	0.048
1	350000	0.043
2	137988	0.041
6	263400	0.040
2	48184	0.038

Price($)	Vol.	No.
0.050	69892	1
0.054	16000	1
0.055	42147	1
0.060	20800	1
0.065	251500	2

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WIN (ASX) Chart

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