It's always a bit false when people say they are concerned that other people may lose money and you are coming to their rescue.
The best way to value WA1 is to look at CBMM. We should at least be a quarter of their value, which is probably at least $5bn.
On another note at the AGM Paul said that CBMM would welcome a new entrant in the market to allow the market to grow. The current market is constrained by supply and supply risk with CBMM being the almost monopoly producer.
wa1 Chart, page-1402
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Last
$16.21 |
Change
1.180(7.85%) |
Mkt cap ! $994.2M | |||
| Open | High | Low | Value | Volume |
| $15.10 | $16.26 | $14.91 | $4.729M | 298.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 267 | $16.17 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.21 | 1 | 1 |
View Market Depth
| Last trade - 16.10pm 18/06/2024 (20 minute delay) ? |
| WA1 (ASX) Chart |