WR1 0.66% 75.5¢ winsome resources limited

Purely based on MRE, and MC comparison. Its a no brainer that...

  1. 27,119 Posts.
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    Purely based on MRE, and MC comparison. Its a no brainer that WR1 is offering the opportunity presently imo. And that compares to other stocks as well. Then add in the low risk boxes we present of environmental location, jurisdiction, DMS, cheap electric, government green.. etc. bet that PEA is likely favorable.

    We are heavily discounted, by the betting market.

    There are several bets, but they all are founded on the probability matrix to develop.
    Bet 1. Takeover following MRE and PEA favorable. / get low hanging fruit hoovered up by deep pockets that needed to confirm economics and MRE.
    Bet 2. We develop and are paid ultimately in dividend yield. An ultimate equalizer of any discount in the hands of todays bear market wobblers.
    Bet 3. Rising commodity prices, rising tide of sector, and other stocks corporate activity, increases speculation on us next.

    Predators will only hunt the economically / jurisdictionally healthy. They know to leave the sick to their demise.

    The discount is your opportunity in plain sight of those who simply need to take the cash at the present value.
    Not investment advice.
 
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Last
75.5¢
Change
-0.005(0.66%)
Mkt cap ! $164.5M
Open High Low Value Volume
76.5¢ 78.0¢ 75.0¢ $416.9K 549.5K

Buyers (Bids)

No. Vol. Price($)
2 3871 75.0¢
 

Sellers (Offers)

Price($) Vol. No.
75.5¢ 2000 1
View Market Depth
Last trade - 14.58pm 28/06/2024 (20 minute delay) ?
WR1 (ASX) Chart
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