WA1 5.34% $21.31 wa1 resources ltd

i hear you... but its exactly the narrative each and every...

  1. 10,847 Posts.
    lightbulb Created with Sketch. 1540
    i hear you... but its exactly the narrative each and every remorseful seller had before the lost interest and subsequently lost the opportunity this presents after the consolidation phase.

    Aside from the million other reasons this is worth way more than it is currently trading at... all you have to do is look at regal buying up big in the latest raise when they already have so many at lower costs and no way to offload on market. They are ruthless at locking in profits and exiting when they think something is even close to fair value. They hardly ever keep buying to raise their average price. And they hardly ever hold huge amounts in illiquid stocks. They are setting up for a takeover - which is one of their core investment strategies. And you can be sure this wont be at around $10 or $11. Try triple that or more. And if you don't trust regal, take a look at any of the connected founders or management. Not one person taking $1 of profit off the table. Even though we are up 5000% on 2 years ago. This will run much much higher. Its just in that phase where the heavies are jostling to see what they can pick up down here... from the bored who think they are missing profits elsewhere. If in doubt... chat to mustwin.
 
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Last
$21.31
Change
1.080(5.34%)
Mkt cap ! $1.308B
Open High Low Value Volume
$20.35 $21.43 $20.35 $3.419M 161.9K

Buyers (Bids)

No. Vol. Price($)
5 236 $21.32
 

Sellers (Offers)

Price($) Vol. No.
$21.36 219 4
View Market Depth
Last trade - 13.33pm 15/05/2024 (20 minute delay) ?
Last
$21.43
  Change
1.080 ( 6.83 %)
Open High Low Volume
$20.94 $21.43 $20.94 2469
Last updated 13.51pm 15/05/2024 ?
WA1 (ASX) Chart
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