WWI 6.25% 1.5¢ west wits mining limited

Ann: Wits Basin Scoping Study, page-235

  1. 729 Posts.
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    how could soi be related to the 10% pullback? Funny. Gold is hot but was also in pullback last night and today, so perfectly explains why wwi was dumped. Nevertheless, for many other stocks, if you compare today’s price with the price a month ago, you will find that wwi's performance was not that bad, nearly no change after today's fall, better than investing many other stocks (you can easily find many examples by yourselves)

    Moreover, recent price action suggests that wwi is being treated more towards a gold producer compared to a gold explorer (the former is primarily driven by gold price while the latter is primarily treated as a risky stock), because wwi is also following gold price apart from the performance of the whole stock market. This is actually a good sign of progress towards a mid-tier gold producer and is likely to be the result of announcing the commencement of early mining. So when gold turns up, we should see wwi goes up again (well, if the whole market is heavily dumped by then, we should also see some selling pressure on wwi because of its stock nature before entering the mature stage of production).
 
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Last
1.5¢
Change
-0.001(6.25%)
Mkt cap ! $38.12M
Open High Low Value Volume
1.6¢ 1.6¢ 1.5¢ $93.75K 6.252M

Buyers (Bids)

No. Vol. Price($)
5 3978428 1.4¢
 

Sellers (Offers)

Price($) Vol. No.
1.6¢ 1024706 3
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Last trade - 15.17pm 18/07/2024 (20 minute delay) ?
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