Australia's largest stock trading and investment forum Australia's #1 stock forum

WA1

Click for more information

7.28%

$15.79 wa1 resources ltd

General discussion, page-5455

First 5455 Last

Share
Profile

Follow
zappa07

1,718 Posts.

355

17/04/24

09:58

Post #: 73381415
Share

Originally posted by rolf2903: ↑

i was one of those people i suspect! i hated regal for many years as they are absolutely brutal on companies where they lose confidence in them. They are prepared to destroy a share price entirely to get the f out if they so desire. And i had been on the receiving end of that brutality - which made me angry at the time. But my hatred has actually become a massive reason I hold. In hindsight, all of those companies I held that they brutalised, they were right on. In most cases they exited at prices I was disgusted with at the time but are way more than they are priced at now! They also rarely buy massive stakes of illiquid companies because it stops them being able to dump hard if they choose to exit. The fact they continue to scoop up constantly at higher and higher prices is a big tick. That says to me they are extremely bullish on this and want/expect a takeover exit. Its the only way they can exit here.

And perversely... any drops in the sp do not make me nervous BECAUSE regal hold so many and have a TO exit plan. It means they will not let this fall to undervalued prices for long as they will want it trading high to make sure no cheap TOs emerge.

So in summary, I love regal.

Expand

Love your commonsense approach Rolf !

WA1 Price at posting: $15.90 Sentiment: Hold Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

GDP grows 0.2% in June quarter, but annual growth the slowest since the 1990s

BOE

Boss Energy ramps up as industrial-scale plant build continues; FY25 guidance of 850Klb intact

Is the ASX getting its groove back? Here's 5 IPOs in September to watch

LTR

Liontown's first spodumene shipment to leave Kathleen Valley this month – but prices far from 2022

SKS

SKS secures $20M for extension works on Melbourne data centre

There are more pages in this discussion • 6,879 more messages in this thread...

First 5455 Last

Add WA1 (ASX) to my watchlist

(20min delay)
Last $15.79		Change -1.240(7.28%)		Mkt cap ! $1.039B

Open	High	Low	Value	Volume
$16.55	$16.58	$15.78	$2.670M	165.2K

Buyers (Bids)

No.	Vol.	Price($)
1	22	$15.77

Sellers (Offers)

Price($)	Vol.	No.
$15.80	106	6

View Market Depth

No.	Vol.	Price($)
1	22	15.770
2	225	15.760
1	50	15.750
3	405	15.740
2	105	15.730

Price($)	Vol.	No.
15.800	106	6
15.810	30	4
15.820	39	3
15.830	111	4
15.840	147	4

Last trade - 14.35pm 04/09/2024 (20 minute delay)

WA1 (ASX) Chart