Strategics might. Mega new lens might see market betting easy tip to 100mt plus.
Just need momentum, and sticky hands.
CE needs to get strategics come obligation to on market buy support.
CE needs to stop just playing the traditional, gear in the conventional machinery tasks, while exceptional moves so far, have not be at the coal face of the SP support after the news events.
When a news event, like an option on 52m for near a billion of infrastructure is momentum, cocked up with a vaped CR, should have been all eyes on how to keep that momentum, and re-rate supported. Not allow a deflating balloon, to drift back with the sector.
We have done the exceptional. The option to bring our capex to just a couple hundred m, puts us in the front row of developers. That is not recognized by the market trend reversal under cut by the CR. But what is the market ? it is the buy hold sell sentiment that can be manipulated. The volume of flips, that must meet demand. A retail herd is easily coerced into a narrative. A weak sector, a reason for sheep momentum. That blinds them to the exceptional move we have achieved.
What is necessary, is the strategic needs to buy on market. Not just tip in some cash in the tin. And they need to support on market, prop lines to represent the actual book value we are shifting our way, and the value it represents to their industry. That is the momentum support that sees the weak fail upon an iron wall. And the market see a darling that is underpinned. That brings confidence, and erodes weaker hands into a confidence position.
We are the front runner in developer in canada for minimal Capex. The strategic and CE need to hatch a plan to have that value actively supported on market. Not just run away into the normal ebs and flows of markets.
- Forums
- ASX - By Stock
- WR1 General Discussion
Strategics might. Mega new lens might see market betting easy...
-
- There are more pages in this discussion • 1,228 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WR1 (ASX) to my watchlist
(20min delay)
|
|||||
Last
50.5¢ |
Change
0.025(5.21%) |
Mkt cap ! $110.3M |
Open | High | Low | Value | Volume |
50.0¢ | 52.0¢ | 49.0¢ | $364.6K | 722.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 25662 | 50.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
50.5¢ | 7054 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 28891 | 0.500 |
3 | 9500 | 0.495 |
2 | 9100 | 0.490 |
3 | 13067 | 0.485 |
5 | 58505 | 0.480 |
Price($) | Vol. | No. |
---|---|---|
0.505 | 7783 | 3 |
0.510 | 17100 | 2 |
0.515 | 56734 | 5 |
0.520 | 59802 | 5 |
0.525 | 35100 | 3 |
Last trade - 15.57pm 15/08/2024 (20 minute delay) ? |
Featured News
WR1 (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online