WSI 4.55% 10.5¢ weststar industrial limited

I looked into wsi and precast is first company to their weststar...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 2,082 Posts.
    lightbulb Created with Sketch. 49
    I looked into wsi and precast is first company to their weststar portfolio, which tells me there is a possibility of numerous companies to be obtained under the parent weststar industrial in the future. Im only going on precasf being the first company to their portfolio so perhaps its just the beginning. And if this was a dead stock why would they want to buy more. Those orders last week just below 3c now sit below 2c, so they were happy to buy them at the time at 2.8c etc. Which didnt happen becaauae to anyone with a stock mind knows thats a sign of demand, those orders pulled, and i believe the intention was to get a better price for them. Which may or may not happen.
    Not too sure what the future holds for precast, but australia has a lot more building to be done. Especcially in the housing market. Roads, shopping centres, retirement centres, mining, and so on. Would be different if there were 1.5billion shares on offer i prob wouldnt hold. But you see companiex with no income at all 1.5 billion shares and 50% held bg retailers.. and those sp can rocket.
    Think of this with as little on offer, income, major deals contracts, and who knows where sp could be.
 
watchlist Created with Sketch. Add WSI (ASX) to my watchlist
(20min delay)
Last
10.5¢
Change
-0.005(4.55%)
Mkt cap ! $14.13M
Open High Low Value Volume
10.5¢ 10.5¢ 10.5¢ $5.25K 50K

Buyers (Bids)

No. Vol. Price($)
5 173305 10.0¢
 

Sellers (Offers)

Price($) Vol. No.
11.0¢ 102736 2
View Market Depth
Last trade - 15.30pm 18/11/2024 (20 minute delay) ?
WSI (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.