Heavenly I agree - I have been buying for the past 3 months and now hold a decent amount here. Personally when I hold a large holding of this type of stock I assess the potential downside v the potential upside.
The company is only valued at $7.5M, they sold a 'portion' of their SA assets for $9m with $4m still to come. That leads me to think that they still have $9m++ value in SA. So even if Indonesia really bombs (don't obviously think so) then the downside risk is still quite small considering most other exploration companies - they still have a valuable asset to sell that will give me back my money.
The upside is very high from here. My thoughts? To take a big punt.
Simple analysis but I do not believe in overthinking analysis. Trust your brain in knowing what looks like a good risk v what looks stupid.
Heavenly I agree - I have been buying for the past 3 months and...
-
- There are more pages in this discussion • 18 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add WWI (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.2¢ |
Change
-0.002(14.3%) |
Mkt cap ! $40.66M | |||
| Open | High | Low | Value | Volume |
| 1.4¢ | 1.4¢ | 1.2¢ | $27.33K | 2.109M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 4737266 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 674741 | 2 |
View Market Depth
| Last trade - 15.43pm 15/11/2024 (20 minute delay) ? |
| WWI (ASX) Chart |
