WAF 1.72% $1.48 west african resources limited

Hi bastowmichael, Thank for sharing your experience. I bought...

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  1. 427 Posts.
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    Hi bastowmichael,
    Thank for sharing your experience.
    I bought WAF around same time as well, at 10c. I believe the current price is undervalued. However, reviewing how the story unfolded. I must say I was speculating than investing. For example, WAF reached 42c August 2016, I could not justify this price now in an educated way. But by putting my finger on the air, I guessed the price should be 60c and try to hold on.. until now. That act was disappointed by Jan 2017 study.
    Now, with newly updated DFS. I have more confident to say WAF is truly undervalue. Not because of my 60c target before, but because of many things unfolded since. E.g. all drilling effort and results, they was not cost nothing to do. These drill holes require times, money, luck and skills. These efforts should be recognised and factored in price. Same as for money WAF paid contractor for DFS study. I expect these investment pay dividend too. Purchaser shall pay for drilling result and study as it gives them certainty, save time and money.

    Also, what I got from holding WAF over 2 disappointed years was a slow journey to detach my emotion from my investment decision. I am no longer in love with WAF, it is just a company I invest my money in for return.
    Cheers,
    GLTA
 
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Last
$1.48
Change
0.025(1.72%)
Mkt cap ! $1.866B
Open High Low Value Volume
$1.46 $1.48 $1.43 $6.438M 4.395M

Buyers (Bids)

No. Vol. Price($)
2 19542 $1.47
 

Sellers (Offers)

Price($) Vol. No.
$1.48 15812 1
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Last trade - 16.10pm 03/12/2024 (20 minute delay) ?
WAF (ASX) Chart
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