WSA 1.33% $2.22 western areas limited

Overpriced compared to Peers, page-2

  1. 957 Posts.
    lightbulb Created with Sketch. 9
    WSA sp follows the price of Nickel very closely, see chart.
    wsa.png
    with LME saying that nickel stores reducing and price increasing, *****
    I would suggest that $2.50 is undervalued.
    I believe WSA is a long play at values of $5 over say 5 years

    This being said, there of course are huge factors involved:
    current economic (global) conditions very sketchy: -ive Interest rates, unemployment, QE, brexit, China GDP, Aus rates, Aus $, gold vs impending doom(another GFC)

    So perfect world $2.50 is a joke
    Current world $2.50 is a conservative short to medium term target/retraction which covers any volatility of markets and other statements by the "professional" advisors

    srm777
 
watchlist Created with Sketch. Add WSA (ASX) to my watchlist
(20min delay)
Last
$2.22
Change
-0.030(1.33%)
Mkt cap ! $698.5M
Open High Low Value Volume
$2.22 $2.28 $2.19 $4.268M 1.925M

Buyers (Bids)

No. Vol. Price($)
5 23315 $2.20
 

Sellers (Offers)

Price($) Vol. No.
$2.22 8550 2
View Market Depth
Last trade - 16.10pm 22/04/2021 (20 minute delay) ?
(live)
Last
$2.22
  Change
-0.030 ( 2.08 %)
Open High Low Volume
$2.24 $2.25 $2.19 478411
Last updated 15.59pm 22/04/2021 (live) ?
WSA (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.