WSR 12.5% 0.7¢ westar resources limited

Imo this co is a pure very speculative play considering its...

  1. 9,304 Posts.
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    Imo this co is a pure very speculative play considering its about 5 years behind NEA at best but seems to be hanging on to anything to do with Nearmap coat tails. Anyone who gas ever worked for nearmao will have a great chance at getting a job there it seems as part if their marketing tools of smokes and mirrors. their technology might be useful to competitors who are already in the space if it offers great cost saving advantages but as far anither Nearmap business i think not to believable but sure the new naive punters might lije to dream about a re-run of NEA but the security does nit appear so sure. spookfish still seems to be in a backroom R& D stage and will need a couple more capital raisings and dilution for current holders is my uninformed opinion. I would suggest NEA has a better chance at being a ten bagger @ current share price of .75cents with better security backing than WSR in the same timeframe dreaming if a white Christmas in Melbourne. DYOR
 
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