WC8 0.00% 36.0¢ wildcat resources limited

Chart, page-717

  1. 4,909 Posts.
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    Playing the macro?.
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    From a weekly perspective, it was flat, so finished at 48.5, same as last week, and week before. So 3 weeks now a finish of 48.5. It might also be a reflection of Li macro which hasn't gone anywhere. There was an attempt, it reached 54.5 but soon came back. So at this stage I feel, unless there is a strong news of its own, it may play the macro. It was over 6 months back when I exited at 90, I had written a lot of strong drilling results have already been factored in the price. Somehow it has played that way. So now we need a strong Li macro or a strong announcement, MRE etc, or some big buyer/finance/offtake etc. So lets see. watching closely every day for a sign. WC8 has been good to me and I like the stock. But I know I can't change things, so just following the price action, for now.
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    For those interested how stock is tracking against other Lithium stocks or who hold multiple Lithium stocks, I do a Weekly Report across 96 ASX Li stocks. It has got Weekly/Yearly data how stocks are tracking. I also have commentary across general markets and sector. Those just holding specific stocks, it may not be relevant, so please ignore. Sorry the formatting kin the report got a bit skewed, realised later.


    Here is the report for this week.
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    https://hotcopper.com.au/threads/sya-weekly-report.6951924/page-3#post-73667499

 
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