WR1 8.15% 73.0¢ winsome resources limited

Ann: Winsome to raise up to A$60m to accelerate Canadian projects, page-163

  1. 4,359 Posts.
    lightbulb Created with Sketch. 3768
    Lots of talks around how much we can fall due to CR. Of course this CR is different, as SPP was not there last time. So not comparing apples to apples.
    .
    But let's look at what happened last time. CR at 80. Where did we bottom? 86c, which is 7.5% from 80c.
    .
    This time CR is at 200. What is 7.5% from there. 2.15. And where did we bottom today. 2.16. Well, this time is different, but first day giving similar vibes. Many believe and have been correct before that price can fall to CR level, so that is always a possibility.
    .
    I feel price might fluctuate around this level on no news. But we are expecting results, soon. That could be a game Changer. Till then, I wouldn't be surprised if it plays a daily 10% swing which it is doing for a long time. So I feel, its individuals time frame which will determine whether to buy or sell at this level. Personally, frankly, selfishly, I am hoping for a small drop to top up. I am going to buy more, just looking to see if a better top up price can come. Else I will meet the market. All the best, in either case I feel, a big rise is coming soon.
 
watchlist Created with Sketch. Add WR1 (ASX) to my watchlist
(20min delay)
Last
73.0¢
Change
0.055(8.15%)
Mkt cap ! $157.9M
Open High Low Value Volume
67.5¢ 75.0¢ 67.5¢ $639.2K 889.5K

Buyers (Bids)

No. Vol. Price($)
3 36699 73.0¢
 

Sellers (Offers)

Price($) Vol. No.
74.0¢ 1967 1
View Market Depth
Last trade - 16.10pm 12/07/2024 (20 minute delay) ?
WR1 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.