WR1 2.94% 70.0¢ winsome resources limited

WR1 General Discussion, page-24976

  1. 27,234 Posts.
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    You can wake up each day, and bet on the new low, the crazy to be furthered by more crazy.
    Or you can bet on the eventual wash out of the loose hands, and the underlying attractiveness of this asset in hand attracting wither an opportunistic M&A, for say 2.00. Way cheaper than they could have 12 months ago, when alternatively the retailer was focused on the deliverables at the end of the train track. MRE=> 100mt => PEA / OEM takeover. / develop. $1 Billion etc.

    Opportunistic takeover, is where the price point is cheap enough that it can steal it from the company by appeasing the softened retail hand.

    I begin each day, accepting the fact that the crazy can still price it lower as they follow each other out the door.
    And i also accept, that the underlying book value in growth, is attractive to both opportunistic M&A and an end game runway that can lead anytime to a corporate trading halt.
 
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Last
70.0¢
Change
0.020(2.94%)
Mkt cap ! $151.4M
Open High Low Value Volume
68.0¢ 70.0¢ 67.0¢ $265.3K 388.8K

Buyers (Bids)

No. Vol. Price($)
2 6045 68.5¢
 

Sellers (Offers)

Price($) Vol. No.
70.0¢ 598 1
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Last trade - 16.10pm 16/07/2024 (20 minute delay) ?
WR1 (ASX) Chart
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