If a bus load of investment funds reduce sector exposure, then basket wide their selling would be relentless.
And the price impact as deep felt, as there are enough pockets able to stack the lines lower.
Their need to sell into whatever lines are present, is par for the volatility. It does not change the destination bet value. And if/when they later re-affirm further sector exposure, they may have to pay up for the higher hanging fruit.
There is a difference in speculative ticket prices, and the bet prize that waits at the end of the train tracks.
Some trains go into the ravine, some reach destination and payout.
But the probability to reach destination is not altered by the retail seaguls who panic at their own shadows.
Volatility will always exist. And the paper float of value is only transient.
Understand the bet. And understand the train tracks. And whether the train remains on those tracks.
What is our bet ? multiple fold.
CASH => further MRE + PEA + approvals + finance => prize of $$$ develop / taken over. $$$
In a sector wide BET of world growth of lithium for EV / robot / storage etc , and geopolitical risk that favors vertical integration for OEMs in tier 1 capitalist jurisdictions.
Are there more or less risk with our bet, than others ? Bridge over the ravine, or into it ?
Are we are leading on the probability matrix to tick the boxes to develop more than others ?
gamble responsibly.
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Last
48.0¢ |
Change
0.005(1.05%) |
Mkt cap ! $103.8M |
Open | High | Low | Value | Volume |
48.0¢ | 50.5¢ | 47.5¢ | $242.5K | 498.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 18938 | 48.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
49.5¢ | 7500 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 18938 | 0.480 |
1 | 10638 | 0.470 |
5 | 46599 | 0.465 |
3 | 19512 | 0.460 |
2 | 35580 | 0.455 |
Price($) | Vol. | No. |
---|---|---|
0.495 | 7500 | 1 |
0.500 | 14000 | 1 |
0.505 | 31613 | 3 |
0.510 | 5000 | 1 |
0.515 | 35890 | 2 |
Last trade - 16.10pm 14/08/2024 (20 minute delay) ? |
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