Well said, Steve. About a month before our CFTF CR PMET got a big one through. It could be that processing of their application delayed ours. And what you have called "the sheep trade" no doubt represents a large amount of retail traders in stocks like WR1. They're not interested in what may happen in 2027/8 or even next year. They buy in in the hope of a quick profit and when it doesn't materialise and the stock drops they're out. There's nothing wrong with that of course - there's investing and there's punting - each to his/her own. But let's not be fooled by the traders into thinking that most long term holders are panicking out. I'm sure they're not.
WR1 Chart Thread, page-598
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 (20min delay)
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Last
55.0¢ |
Change
-0.040(6.78%) |
Mkt cap ! $118.9M | |||
| Open | High | Low | Value | Volume |
| 58.5¢ | 58.5¢ | 53.0¢ | $644.5K | 1.166M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1300 | 54.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 55.0¢ | 9999 | 1 |
View Market Depth
| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| WR1 (ASX) Chart |