WTM 4.35% 11.0¢ waratah minerals limited

For those not understanding why the share price is below 8c...

  1. 950 Posts.
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    For those not understanding why the share price is below 8c today and going lower because it just had no business to stay above 8c or 10c until a few hurdles are removed.( i.e Mining licence etc.)

    But as I have been vocal about it.......the gamers have made good money out of it.
    Without the pumping force(which cannot be done forever), the stock will find its true value.(6-7c)

    A quick 30-40% gain from cap raise price is a great outcome for the sophisticated investors to move there money around and find the next gaming stock.

    Once the hurdles are overcome, licence approval, finance secured.....it will be a whole different game.

    While the pump was going on the BUY/SELL ratio was 3:1
    Most people who were interested to buy have bought already.
    The sophisticated investors dumped into that manufactured buying euphoria.
    Now the novice one who bought the hype are holding and have to sell.....
    Currently the BUY/SELL ratio is 1:3

    The game never changes...only the company and the participants involved.

    I warned people here.....but some people have to experience themselves to believe it.
    One jack hammering and the stock will be at 7c.
 
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Last
11.0¢
Change
-0.005(4.35%)
Mkt cap ! $19.73M
Open High Low Value Volume
11.5¢ 11.5¢ 11.0¢ $34.72K 303.5K

Buyers (Bids)

No. Vol. Price($)
1 583705 11.0¢
 

Sellers (Offers)

Price($) Vol. No.
11.5¢ 5000 1
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Last trade - 16.10pm 26/06/2024 (20 minute delay) ?
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