WR1 General Discussion, page-32214

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readyaimfire

11,391 Posts.

1512

17/08/24

21:24

Post #: 75253782
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Originally posted by Rob826 ↑

Hey mate,

I want to clarify that I’m not questioning your interest in this stock, nor the accuracy of you cap raise forecast; credit where credit's due. In fact, I generally value your input across various stocks, as you tend to provide balanced analysis, which I appreciate. I completely agree with you that ALTM and WR1 are likely top candidates for potential takeovers. I also understand why you’ve reacted the way you have on this thread, given how quickly some people respond to negative commentary. These exchanges can easily turn into a back-and-forth, and I don’t fault you (nor anyone else) for that.

However, I found it odd that you seemed to take satisfaction in the share price dropping for those who bought in at higher levels. You mentioned you "picked some up in mid-Jan, not at the bottom, but enough to move to some free carry on the April run." That statement doesn’t seem to align with your posting history, where you mentioned holding at $1.37 back in October last year. I’m not sure how many shares you currently hold or held then, but the discrepancy makes me a bit cautious about your portrayal of your holdings history. Mid-Jan prices were in the mid-60s, and it’s clear you bought at a price over double that:

I’m not trying to stir things up or make this a bigger issue; I just wanted to point out that based on your posting history, you’ve faced similar losses as others here. As for WR1’s communications, I’ll have to disagree with you on how poorly they’re handling things. I recognise that some areas could be improved, but I don’t think their communications are as bad as you suggest. Overall I actually think they're doing a pretty good job.

Anyway, as I mentioned earlier, I appreciate your contributions. Of course, you’re free to post as you like, but there’s no need to stretch the truth to paint a rosier picture about your own holding. Congrats on your success with LRS too.

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“Overall I actually think they're doing a pretty good job.”

Clearly you have low expectations.

MC vs peers and the failure to sell the last CR to a strategic shows WR1 management just don’t rank in the Li space these days.

WR1 Price at posting: 56.5¢ Sentiment: None Disclosure: Held
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