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$18.18 wa1 resources ltd

How does the current price have any bearing whatsoever on the...

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TheAnalyst007

15,230 Posts.

3787

22/05/24

07:17

Post #: 73944678
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Originally posted by galliumaslan: ↑

No. You have to roughly DOUBLE production with generous forward discounting of cash flows.

“It’s easy, just double it”. With WHAT CAPITAL ARE THEY GOING TO BUILD THE MINING OPS?

Possible, not “easy” and nowhere near a takeover bid in the short term of $250 to $280.

$1300 per share?

I thought that was satire, but sadly no, your shrink is also your financial adviser apparently.

Objecting to $1300 per share isn’t “downramping”, the market price is currently $22.

Get a grip guys.

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How does the current price have any bearing whatsoever on the future price?

You really are full of it mate.

WA1 Price at posting: $21.00 Sentiment: Buy Disclosure: Held
7 Upvote

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(20min delay)
Last $18.18		Change -3.020(14.3%)		Mkt cap ! $1.115B

Open	High	Low	Value	Volume
$21.60	$22.42	$18.01	$14.63M	750.1K

Buyers (Bids)

No.	Vol.	Price($)
1	9	$18.18

Sellers (Offers)

Price($)	Vol.	No.
$18.20	400	1

View Market Depth

No.	Vol.	Price($)
1	9	18.180
1	100	18.150
1	500	18.120
1	55	18.110
1	110	18.100

Price($)	Vol.	No.
18.200	400	1
18.320	90	1
18.440	381	1
18.660	2000	1
18.680	500	1

Last trade - 16.10pm 03/06/2024 (20 minute delay)


Last $18.30			Change -3.020 ( 16.2 %)
Open	High		Low	Volume
$22.02	$22.40		$18.03	23339
Last updated 15.59pm 03/06/2024 ?

WA1 (ASX) Chart