WA1 have a proven very rich resource of a valuable essential in demand commodity with prospects of mining life longevity, with potential for a very profitable return on investment.The share price is relevant to the low number of outstanding shares on issue, aprox 62 million as opposed ASM 3 times that amount at 180 million.
ASM at their peak were around 2.34 Billion Market cap. Not sure reason for their share price collapse. But I do believe there are much better prospects from the resource amount and grade WA1 hold compared to ASM, that will ensure a brighter future here, with less risk to the downside than what it seems the current holdings in ASM might bring.
As they say all to often DYOR, it does help
Consider the risk to reward and take your chances.
General discussion, page-7695
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Last
$19.28 |
Change
1.400(7.83%) |
Mkt cap ! $1.182B | |||
| Open | High | Low | Value | Volume |
| $17.88 | $19.58 | $17.67 | $4.057M | 214.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 296 | $19.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.28 | 484 | 1 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| WA1 (ASX) Chart |