WPI 0.00% 2.5¢ west peak iron limited

WPI undervalued, page-7

  1. 7,103 Posts.
    lightbulb Created with Sketch. 138
    WPI daily...
    Every aspect of this chart I like....
    Currently siting right on resistance of 2.4c with the volume increasing the last 4 trading sessions...
    MACD never had any strong negative divergence from this latest pull back from 2.9c  also of note the volume was quite small until the start of that blue box... A bullish cross may eventuate in the next day or so
    RSI shows strength with no big dips plus also trending upwards...
    Smoothed Oscillator also rounding up..

    The orange shaded area from 2.9c-3.3c is where I would like to see the sp get to and consolidate at for a few weeks.. With a large gap present above this from 3.3c-4.2c for a likely ST target...

    Something from the FA which im not the best with but have taken notice of is the current valuation of both SRT and WPI which to me seems crazy?

    SRT
    Heads:  745m
    Srto: 63m
    Srtoa : 255m
    Total shares and options: 1063m
    1063 × 0.018 = $19m Mcap

    WPI
    Heads:249m
    Options 49m

    249m x .024=6.22m Mcap

    WPI new.PNG
 
watchlist Created with Sketch. Add WPI (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.