I follow WSR as they are a potential competitor to NEA which I hold.
If I was a WSR shareholder I would be very concerned about that infringement paragraph.
Litigation can drag on for years. I would also be concerned about the fact that the SP has gone from 1c to 6c so quickly, the Co. is in its infancy and there is a CR coming up at 3.5c. Also, NEA have such a big headstart.
This is not a down ramp - I would buy into this in a heartbeat if I thought the returns would be there. At the moment I don't.
On the plus side, the technology looks good and they have attracted some heavy hitting investors. I think they also have some good technical people.
If I had been fortunate enough to get into this in the early days I'd be selling and happy with my multi bagger.
Good luck with it though.
I follow WSR as they are a potential competitor to NEA which I...
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Last
0.8¢ |
Change
-0.001(11.1%) |
Mkt cap ! $3.588M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.8¢ | 0.8¢ | $18.87K | 2.359M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 4375713 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 342869 | 1 |
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| Last trade - 15.46pm 26/11/2024 (20 minute delay) ? |
| WSR (ASX) Chart |
