WZR 3.85% 2.7¢ wisr limited

Massive opportunity cost, page-178

  1. 94 Posts.
    lightbulb Created with Sketch. 51
    I think shareholders should take a deep breath and relax

    This could potentially go lower but will not stay there. Now as I mentioned before this is undervalued and at worst fair valued.

    In March 2020 my portfolio went down by 46% and did not sell a single stock. but I was fortunate enough to have a lot of cash in the sideline and absolutely killed it. I am quite certain I am not the only person who had that experience but I feel this might be one of those opportunities and I am not least worried. Just go through the entire portfolio and look at high net debt/equity equities and trim the position. The only way a company goes to zero is if there are stretched. For whatever the faults I find with WZR, their balance sheet is rock-solid compared to their expenditure.

    Technical analysis is not my strong suit and you can potentially trade if you have the skill. I don't. I will try to buy as much as possible but after buying a few properties last year, I am a little short on cash. I am expecting this to last this year and plenty of time to accumulate more cash. Take a chill pill. Don't let others scare you from equity holdings. The only people I think should sell it are the top 5% of traders who are very skilled in trading. Also, don't believe this bogus 50C in 6 months BS as well.

    Stay put and this will be taken over at some stage and probably can enjoy a little short squeeze in the process.
 
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(20min delay)
Last
2.7¢
Change
0.001(3.85%)
Mkt cap ! $37.07M
Open High Low Value Volume
2.7¢ 2.7¢ 2.6¢ $5.614K 211.1K

Buyers (Bids)

No. Vol. Price($)
2 250000 2.7¢
 

Sellers (Offers)

Price($) Vol. No.
2.9¢ 119505 1
View Market Depth
Last trade - 14.23pm 30/08/2024 (20 minute delay) ?
WZR (ASX) Chart
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