Lion and Oaf, the market is basically dumb and defies logic. That was a major hurdle we cleared last week yet sp is down 25%.
Unfortunately, as cash generation is probably 2 years away I feel the sp is not going to go anywhere fast.This project has massive potential and huge return on capital so unless something goes tragically wrong we should make some decent $ but insto's won't even look at this for at least another 12 months imo.
- Forums
- ASX - By Stock
- WTR
- why the sell down?
why the sell down?, page-4
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
KAI
Pilbara Minerals buys land off Kairos part of its York gold project for $20M – and a 2% royalty on any PLS gold sales
STX
Strike hands $48.5M contract to Clarke Energy to produce 20x 4.5MW gas engines for Sth Erregulla