As we all know, what happened to WR1's valuation happened to the entire Lithium sector. It had nothing to do wirh WR1 specifically. Many companies which could be viewed as more derisked were hit harder, eg GT1.
But as many have argued (using evidence rather than innuendo -- something you should try), relative to the sector WR1 was and still is undervalued, and we see this gap strongly closing following the Renard option, which represents a major derisking and bringing forward of likely production date.
Sorry PMET holders are jumping ship, but amateurishly throwing shade on WR1 isn't going to save your top-of-the-market investment in that company. You should've ignored the hype.
As we all know, what happened to WR1's valuation happened to the...
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Last
$1.29 |
Change
0.035(2.79%) |
Mkt cap ! $246.1M | |||
| Open | High | Low | Value | Volume |
| $1.26 | $1.29 | $1.23 | $758.9K | 601.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 157 | $1.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.30 | 17000 | 2 |
View Market Depth
| Last trade - 16.10pm 08/05/2024 (20 minute delay) ? |
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Last
$1.27 |
Change
0.035 ( 1.52 %) |
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| Open | High | Low | Volume | ||
| $1.25 | $1.29 | $1.23 | 72720 | ||
| Last updated 15.59pm 08/05/2024 ? | |||||
| WR1 (ASX) Chart |