Products
CE Global Private Equity offers a wide range of investment products and services for retail and corporate investors.
Investment Performance Case Study
WA1 Resources Ltd
Welcome to the Investment Performance Case Study of WA1 Resources Ltd, which follows our clients' journeys of investing in WA1 Resources Ltd between 8th Feb, 2022 and 27th Oct, 2023, during which the recorded share price produced a gain of 6,375%.
ASX:WA1
Introduction
WA1 Resources is an Australian mineral exploration company focusing on metals essential for a sustainable low-carbon future. It operates three exploration projects in Western Australia and the Northern Territory: West Arunta, Madura, and Hidden Valley.
The WA1 Resources Ltd Investment Case
WA1 Resources is an Australian mineral exploration company focused on discovering and developing resource opportunities in Western Australia. The company entered the ASX as an early-stage explorer, giving investors exposure to the potential value created through successful mineral discovery.
The Transaction
WA1 commenced quotation on the Australian Securities Exchange on 8 February 2022 following an initial public offering at A$0.20 per share.
Investment Outcome
The study records an outcome price of A$12.95 by 27 October 2023. Compared with the A$0.20 starting price, this represents an increase of approximately 6,375%. The exceptional appreciation illustrates both the potential and the inherently speculative nature of early-stage mineral exploration investments following a significant change in market expectations.
- Event: IPO / ASX Listing
- Exchange: Australian Securities Exchange
- Study Period: 8 February 2022 – 27 October 2023
- Entry Price: A$0.20
- Outcome Price: A$12.95
Case Overview
| Company Name : | WA1 Resources Ltd |
|---|---|
| Sector : | Mineral exploration |
| Event Type : | IPO / ASX Listing |
| Buy Advice : | 2022-02-08 |
| Sell Advice : | 2023-10-27 |
| Buy Price : | 0.20 (AUD) |
| Sell Price : | 12.95 (AUD) |
| Profit(%) : | 6375% |
Case Studies
Related Studies
Australian Rare Earths Ltd
The case study of the Australian Rare Earths Ltd IPO / ASX Listing in 2021
Lithium Plus Minerals Ltd
The case study of the Lithium Plus Minerals Ltd IPO in 2022
