Looking at the trading, there is some large dumps whenever there is some volume to sell into.
So wouldn't be surprised if this is still Adcock Private Equity selling down before the end of the financial year?
Maybe they have some capital gains they want to offset?
Think they still had around $160m x WZR shares at last count - so hopefully they stop their selling soon
Having said that, I managed to pick up another 340,000 today at 2.9 cents - as a market cap for WZR of around $40m is getting a little silly IMO.
Especially with this company currently banking large quartely cash flow positive numbers, and with their balance sheet looking pretty good.
Even with the current macro events that are still playing out, I would be surprised if this does not turn out to be good buying at some point in the coming months / years
Looking at the trading, there is some large dumps whenever there...
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 (20min delay)
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Last
3.6¢ |
Change
-0.001(2.70%) |
Mkt cap ! $49.37M | |||
| Open | High | Low | Value | Volume |
| 3.6¢ | 3.6¢ | 3.6¢ | $15.15K | 420.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 240531 | 3.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.7¢ | 14373 | 1 |
View Market Depth
| Last trade - 14.40pm 29/05/2024 (20 minute delay) ? |
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Last
3.6¢ |
Change
-0.001 ( 2.70 %) |
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| Open | High | Low | Volume | ||
| 3.6¢ | 3.6¢ | 3.6¢ | 120050 | ||
| Last updated 11.19am 29/05/2024 ? | |||||
| WZR (ASX) Chart |