WR1 13.0% 56.5¢ winsome resources limited

So if you bet price action - it’s a competition to when the bed...

  1. 27,490 Posts.
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    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 .
 
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Last
56.5¢
Change
0.065(13.0%)
Mkt cap ! $122.2M
Open High Low Value Volume
51.5¢ 56.5¢ 51.5¢ $628.3K 1.150M

Buyers (Bids)

No. Vol. Price($)
1 50000 54.5¢
 

Sellers (Offers)

Price($) Vol. No.
56.5¢ 11036 2
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Last trade - 16.10pm 16/08/2024 (20 minute delay) ?
WR1 (ASX) Chart
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