WA1 8.87% $16.32 wa1 resources ltd

General discussion, page-10838

  1. 620 Posts.
    lightbulb Created with Sketch. 42
    “Nervous volatility”
    ”No one talks about gold”
    ”The niobium market is saturated but also controlled by a monopoly”

    These statements are all completely unhinged, but the last one is pure Marxism. “The profit rate in capitalism always falls until collapse”.

    Bell Potter modelled a not too far off future EBITDA of 427 mn AUD p.a. from Luni.

    I intrinsically valued WA1 at around $38. Bell Potter has a target price of $28.

    If $7 if a fair price, expect very hard economic times / the price of WA1 is the least of your concerns! Look at your yield curves, welfare application, housing and commercial starts as well as your mortgage rates!

    (Why would an NPV drop if the volume and price of sales only dropped marginally? HINT: Massive increases in the cost of capital for everyone, vis a vis debt facilities).
 
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Last
$16.32
Change
1.330(8.87%)
Mkt cap ! $1.026B
Open High Low Value Volume
$15.07 $16.37 $14.91 $5.014M 321.7K

Buyers (Bids)

No. Vol. Price($)
5 274 $16.30
 

Sellers (Offers)

Price($) Vol. No.
$16.32 259 5
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