does anyone hold this stock?, page-4

Recently bought it at 24c a few days ago.

Am accumulating between 20c-25c.

Assuming, WTRs sp follows ILU's share price, then since i am bullish on ILU the same should apply to WTR. Dividend for ILU at 8% (!!!). Maximum downside for ILU say 25%. Hence which an sp of 20c is possible (though unlikely).

Given low construction time, quality of management (check out CEO on LinkedIN), scalability, am happy to hold until the market recovers/construction starts etc.

If any cap raising occurs, it will be after a partial/full JV, so am confident risk of dilution is low.

Good IRR/Payback period. Curious to see if BFS confirms the figures. May buy more if BFS confirms or if SP drops.

Bell potter has a target price of 50c. Given limited charting data, will adopt BP's target price for the short term and re-evaluate at 50c in the longer term.