I agree. A little more detail in that regard would have been good. The whole thing with this company is that it requires trust that we have a high quality management team who are steadily progressing towards development, full of confidence but oblivious to the downward movements of the SP. If we have that we continue to hold and if we're right we'll be rewarded in due course. However, it's become quite apparent that the market doesn't particularly appreciate this sort of scenario and thus our SP has stagnated for months, even though solid company progress has ensued. Punters want a steady stream of outstanding assay results and serious investors want a MRE (as well). Our spasmodic assay results - which have been largely very good but not of the PMT or AZS proportions that capture imaginations - have for six months only fueled the ambitions of the trading fraternity. Hopefully, though, things will change either through a series of truly outstanding new assays and/or the release of a compelling MRE in the next few months. Until then it looks as though we'll have to wear the consequences of the fallen lithium price and the tag of being an undervalued company compared to peers. GL1 seems to be in the same boat as us and no doubt their shareholders are equally frustrated that they can't get back to their high water mark around $3.
- Forums
- ASX - By Stock
- Ann: Winsome strengthens presence in Quebec
I agree. A little more detail in that regard would have been...
- There are more pages in this discussion • 14 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WR1 (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.23 |
Change
-0.025(1.99%) |
Mkt cap ! $239.4M |
Open | High | Low | Value | Volume |
$1.27 | $1.27 | $1.22 | $330.9K | 266.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 29462 | $1.23 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.24 | 3099 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 29960 | 1.230 |
2 | 13502 | 1.225 |
5 | 51882 | 1.220 |
4 | 30523 | 1.215 |
2 | 9573 | 1.210 |
Price($) | Vol. | No. |
---|---|---|
1.240 | 3099 | 2 |
1.245 | 28023 | 5 |
1.250 | 25588 | 3 |
1.255 | 11794 | 3 |
1.265 | 72670 | 4 |
Last trade - 11.46am 15/05/2024 (20 minute delay) ? |
|
|||||
Last
$1.24 |
  |
Change
-0.025 ( 0.17 %) |
|||
Open | High | Low | Volume | ||
$1.25 | $1.25 | $1.23 | 31130 | ||
Last updated 11.51am 15/05/2024 ? |
Featured News
WR1 (ASX) Chart |
The Watchlist
SS1
SUN SILVER LIMITED
Gerard O’Donovan, Executive Director
Gerard O’Donovan
Executive Director
SPONSORED BY The Market Online