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Potential Buy Entry Alert to Watch WSI
Time Frame : Daily
Sector : Materials/Basic Materials
Key Stats : $11.68 Million Market Cap, VWAP 0.024, ASX Ranking 1621, 4 Week Av Turnover $22,834, Current Turnover (Intraday as at time of alert) $195,799.
Company Overview : WestStar Industrial (WSI) is an Australia based Industrial conglomerate holding company with interests in Mining Services, Commercial Construction, Construction Engineering and Property Development. WSI owns its three subsidiaries Precast Australia, SIMPEC and Distinct Developments.
Broker Consensus : Not covered by a major broker
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WSI – Weststar Industrial Limited
WSI is starting to see the action pick up from the buyers as the volume increases with a push up off the 0.02 level on the back of positive news flow. The company is a small spec that has recently raised capital to fund contracted works and a strong project pipeline of further opportunities. We are now watching for further confirmation that buyers are starting to take control and move the action higher through the 0.03 highs.
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Stock Code : WSI – Weststar Industrial Limited
Company Website : www.wsindustrial.com.au
Current Price : 0.025
Status : On watch for potential higher low and move up through 0.03
