WR1 2.19% 67.0¢ winsome resources limited

WR1 General Discussion, page-31525

  1. 27,251 Posts.
    lightbulb Created with Sketch. 3203
    So if you bet price action - it’s a competition to when the bed wetters exhaust - to where we are valued by the advance toward strategic. = credible developer.

    throw in wildcard corporate action potential, only in the stock that has the development financial bridge available.

    at some point , the value of that 1b capex sunk, has to rub off on the sp. because at the end of the day the ultimate driver is forward price earnings Per share- and with a tiny 200 m capex say.. Maybe some of that is paid for by strategic / debt / equity .
    But don’t need to dilute equity component until we have all approvals in place. So at higher sp . Then if sheep want to give away a cheap forward PE multiples- is advantageous to the accumulators. Market makers could push the price here and there tactically .

    so whatever the interim noise , if the bet is on our birds in hand - Adina / Renard come strategic come development come $$$ then the reward sp is at the buyer price ahead of us , not the bed wetters discount today .
 
watchlist Created with Sketch. Add WR1 (ASX) to my watchlist
(20min delay)
Last
67.0¢
Change
-0.015(2.19%)
Mkt cap ! $144.9M
Open High Low Value Volume
67.5¢ 68.0¢ 65.5¢ $313.8K 472.7K

Buyers (Bids)

No. Vol. Price($)
1 9917 66.0¢
 

Sellers (Offers)

Price($) Vol. No.
68.0¢ 20000 1
View Market Depth
Last trade - 16.10pm 18/07/2024 (20 minute delay) ?
WR1 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.