WR1 0.98% 51.5¢ winsome resources limited

Today just highlighted that we have moved into the traders...

  1. 1,411 Posts.
    lightbulb Created with Sketch. 555
    Today just highlighted that we have moved into the traders remit.
    For those that played it well done. If you sold at .70, bought back in at 64c, sold at 66.5c and then back in at 64c. You'd have made a fair amount of coin.

    The shining light in all this is the futures. Games like no tomorrow but after the dump a few days ago, we have gone from 92k to 100k on the LC2407 futures (my pick). Nearly a 10% increase in a few days.

    Right now, people are fear dropping and big money today tried twice to drop the SP heavily to shake people.
    To me this signs that the rise is on the way. One at open normal, one at close too and then to rip 5% in 15 minutes means something is brewing.

    I like to think I provide perspective from both sides to viewers. I am a bull on WR1 but I also call out that it broke a support today.
    What I would say is nothing has changed for WR1. Great management, will be a global resource.

    Imagine if you were a SYA holder. Played like a fiddle. Kev calling WR1 a pump and dump.
    A real pump and dump is 100% in a week and then back down to the same price in 3 days after your JV partner sells shares at a 30% premium then their shares were worth 2 weeks ago.

    The bottom of a cycle is always hard and no one knows when it ticks up.

    All I can say is we are worth 100 mill EV after this quarter and after nxt we could have 80 mt at a fair higher grade.
    LRS is 4x our MC and for those that are going to say, oh but they're close to production.
    No one wants to be entering production right now. Tell that to SYA and CXO.

    Costs might be far lower, but the profit margin will still be pi** all.

    Some even perspective for all here.
    Last edited by ForeverNewbie: 23/02/24
 
watchlist Created with Sketch. Add WR1 (ASX) to my watchlist
(20min delay)
Last
51.5¢
Change
0.005(0.98%)
Mkt cap ! $112.9M
Open High Low Value Volume
51.0¢ 51.5¢ 51.0¢ $13.22K 25.90K

Buyers (Bids)

No. Vol. Price($)
2 249485 51.0¢
 

Sellers (Offers)

Price($) Vol. No.
51.5¢ 97087 1
View Market Depth
Last trade - 10.15am 07/11/2024 (20 minute delay) ?
WR1 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.