WAF 3.96% $1.46 west african resources limited

Buying on good news isn't smart to me especially seeing the way...

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  1. 521 Posts.
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    Buying on good news isn't smart to me especially seeing the way the stock has progress in the past year. Think about it, the price has been going sideways for awhile and high grade news is just everyone's expectation. The price will most likely stay this way until at least June this year. Interesting milestones are going to happen and that should set a rerate. However if grade continues past 800 vertical metres and/or a gold hit above 1.6 plus comes to the market we should see a move up IMO. Until then going into production or a takeover is the only thing that can further progress the price. It's been moving between 35cent to 41 cents all year quite consistently so that's an opportunity until something next level happens. I think most investors see the same thing
 
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Last
$1.46
Change
-0.060(3.96%)
Mkt cap ! $1.866B
Open High Low Value Volume
$1.52 $1.52 $1.45 $3.995M 2.715M

Buyers (Bids)

No. Vol. Price($)
4 54405 $1.46
 

Sellers (Offers)

Price($) Vol. No.
$1.47 26146 2
View Market Depth
Last trade - 16.10pm 02/12/2024 (20 minute delay) ?
WAF (ASX) Chart
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