the collection of holders we call a registry here, identify that WR1 has a low hurdle capex, approvals, finance, runway to develop, and logistics. We think we can see a line of sight to victory, albeit a patient one. Unless a takeover interrupts that. While there will be moments of awakening to that line of sight.
When those holding other stocks will consider the open ended pot holes and debris on their runways. Yet they cling to those positions, blinded by the magic man on stage and the others in the audience who cheer at the globally significant MRE, without the logistics or other interruptions to make it a reality.
When you contemplate finance. An LRS / WR1 outstanding capex , is a sure easier pill to swallow than what PMT are pushing.
Imagine they convince the equity holders/ Debt to pony up. What happens when they realize that there is a bottle neck on the amount of logistics they can run? Its a balloon that you have blown oversize and then it pops.
the collection of holders we call a registry here, identify that...
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Last
57.5¢ |
Change
-0.025(4.17%) |
Mkt cap ! $124.3M | |||
| Open | High | Low | Value | Volume |
| 60.0¢ | 60.5¢ | 57.0¢ | $204.3K | 350.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 17212 | 57.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 58.0¢ | 6000 | 1 |
View Market Depth
| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| WR1 (ASX) Chart |