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$16.78 wa1 resources ltd

wa1 Chart, page-1539

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DoubleG

128 Posts.

2

05/01/24

09:27

Post #: 71735958
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Originally posted by rolf2903: ↑

I'd be surprised if it was an on market stake being built by someone like Gina. You just can't get enough shares... as yesterday showed, massive spike in volume caused a huge thrust forward.. but it was still only 600k shares. How would someone like her build a strategic stake like this, it's too illiquid. That's the beauty of it. If someone wants a strategic stake of any influence they will need to work with the company to get it off market. And the company wont be doing it cheap as they all have so much skin in the game and hold all the aces given the cap structure is insanely good.
I suspect it's bigger funds realising they will need and want to hold a stake in this once it hits asx300. Theres going to be a huge share shortage coming. Hardly any shares on issue... hardly anyone selling... and the appetite for our shares growing by the day. Rare shares trade much much higher than you expect.

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the ASX 300 rebalance is in March, who knows where we will be by then

WA1 Price at posting: $14.74 Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

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(20min delay)
Last $16.78		Change 0.120(0.72%)		Mkt cap ! $1.037B

Open	High	Low	Value	Volume
$16.75	$16.96	$16.34	$2.521M	150.5K

Buyers (Bids)

No.	Vol.	Price($)
10	338	$16.72

Sellers (Offers)

Price($)	Vol.	No.
$16.77	216	7

View Market Depth

No.	Vol.	Price($)
8	182	16.720
1	268	16.710
5	329	16.690
4	173	16.680
9	424	16.670

Price($)	Vol.	No.
16.770	60	1
16.780	143	3
16.790	95	2
16.800	231	3
16.810	70	1

Last trade - 12.54pm 07/06/2024 (20 minute delay)


Last $16.65			Change 0.120 ( 1.11 %)
Open	High		Low	Volume
$16.77	$16.94		$16.51	4795
Last updated 13.15pm 07/06/2024 ?

WA1 (ASX) Chart