WA1 3.14% $14.50 wa1 resources ltd

Why cant it go padt $26? Share price is irrelevant, what matters...

  1. 114 Posts.
    lightbulb Created with Sketch. 10
    Why cant it go padt $26? Share price is irrelevant, what matters is market cap.

    Simplistically:
    1) The value of the extractable stuff in the ground
    2) minus the cost to extract/ship the stuff

    Why sit here and arbitrarily assign an upper limit on the share price without knowing 1 or 2 above?
 
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