WR1 8.39% 77.5¢ winsome resources limited

Charts - WR1, page-26

  1. 15,962 Posts.
    lightbulb Created with Sketch. 3110
    Reasons that WR1 can follow PMT's style sp rise imo:
    • Comparable SOI with WR1 on 165mil shares vs PMT 150mil shares fully diluted
    • Both have very tight share registry - Top 30 would own majority of shares with very little free float available
    • Both have access to the same highly advantageous capital protective Cap raise regime - leading to high scarcity of scrips on offer vs high demand - when you CR at double the market sp each time , the scrips on offer is getting less and less, so there would be more incentive to buy on market than wait for scarce scrips during the CR - scenario where there just simply isn't enough to go aroundsmile.png
    • Both are uncovering a monster deposit, high grade deposits - WR1 has added advantage for much faster to producer status
    • 100% of offtakes still up for grabs at both PMT and WR1 - PMT would be a big beast to swallow up compared to WR1 - follow the path of least resistance would be WR1 getting partnered up first imo.

    All imo

    https://hotcopper.com.au/data/attachments/4973/4973692-188bf268e00ebda4e565809c9c4f811a.jpg
    Last edited by kevin103: 16/01/23
 
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Last
77.5¢
Change
0.060(8.39%)
Mkt cap ! $166.6M
Open High Low Value Volume
71.5¢ 77.5¢ 71.0¢ $1.505M 2.043M

Buyers (Bids)

No. Vol. Price($)
1 3000 77.0¢
 

Sellers (Offers)

Price($) Vol. No.
77.5¢ 9946 1
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Last trade - 16.10pm 26/06/2024 (20 minute delay) ?
WR1 (ASX) Chart
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