WZR 5.13% 3.7¢ wisr limited

Massive opportunity cost, page-178

  1. 94 Posts.
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    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
3.7¢
Change
-0.002(5.13%)
Mkt cap ! $50.75M
Open High Low Value Volume
3.9¢ 3.9¢ 3.7¢ $7.036K 183.8K

Buyers (Bids)

No. Vol. Price($)
2 100000 3.8¢
 

Sellers (Offers)

Price($) Vol. No.
3.9¢ 107911 3
View Market Depth
Last trade - 15.33pm 10/05/2024 (20 minute delay) ?
Last
3.7¢
  Change
-0.002 ( 2.63 %)
Open High Low Volume
3.9¢ 3.9¢ 3.7¢ 239519
Last updated 14.42pm 10/05/2024 ?
WZR (ASX) Chart
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