We might see a rotation of money out of the big aussie success stories like PLS(aprox $12b) and CXO(aprox $1.7B) into the canadian junior arena. If my broker put them all on the table and seeing the market caps of them all i would be certainly going after the canadian juniors like PMT and WR1 with WR1 obviously my first choice. Yesterday was interesting to see the big aussie names down by the close and the canadian juniors up on the day. The massive money to be made is always from discovery up until production, fingers crossed we can receive a couple good MRE's by june next year. That would give WR1 a value range of $300m - $550m market cap or $2 - $3.65 share price, i think may be on the conservative end and a great start. Its very possible the $300mc/$2 SP be delivered on confirmation of a "Major Discovery" should we be fortunate enough.
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Last
53.0¢ |
Change
0.020(3.92%) |
Mkt cap ! $114.6M |
Open | High | Low | Value | Volume |
52.5¢ | 53.0¢ | 50.0¢ | $248.8K | 482.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 17560 | 52.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
53.0¢ | 7263 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 40000 | 0.515 |
2 | 101500 | 0.510 |
1 | 22685 | 0.505 |
2 | 35000 | 0.495 |
8 | 92477 | 0.490 |
Price($) | Vol. | No. |
---|---|---|
0.545 | 17000 | 2 |
0.570 | 19105 | 2 |
0.585 | 20000 | 1 |
0.595 | 10000 | 1 |
0.600 | 20000 | 1 |
Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
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