WA1 1.92% $13.27 wa1 resources ltd

General discussion, page-923

  1. 573 Posts.
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    I know it sounds an attractive proposition that if you were big enough you could sell a small number of shares to 'push' the price down then buy a large number of shares to gain all the upside for yourself but it doesn't work that way. It's also self-gratifying, when the market moves against us, to believe someone from the big end of town somehow tricked us into buying or selling too low or high. No one is getting retail to "do" anything, its up to each investor whether they swing or not.

    Unanswerable ponderings about what others are thinking are a distraction. The questions an investor or prospective investor must ask are: Is this company worth $300M, what are the downside risks and what are the upside risks? On drawing a conclusion (whichever form of analysis we use) we need to make a decision.....and act on it.... then cut out the daily noise.

    This story is going to unfold over a long timeframe and in one or two years time not a soul (retail or institutional) will be interested in what the share price did on this day, this week or this month.


 
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Last
$13.27
Change
0.250(1.92%)
Mkt cap ! $898.5M
Open High Low Value Volume
$13.23 $13.56 $13.15 $2.387M 179.1K

Buyers (Bids)

No. Vol. Price($)
1 10 $13.22
 

Sellers (Offers)

Price($) Vol. No.
$13.27 2821 1
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Last trade - 16.10pm 08/11/2024 (20 minute delay) ?
WA1 (ASX) Chart
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