WKT 4.00% 9.6¢ walkabout resources ltd

Ann: Walkabout shareholders provide $5m loan to bridge funding, page-279

  1. 688 Posts.
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    Blitz the fundamentals for this stock are pretty incredible. I'm stoked with the current share price given the circumstances. This is not an opportunity you want to miss in my opinion. I believe there is a lot of money on the side lines at present given the risky macro global environment. If a deal is nailed then cash will flow into this stock. Cash has to go somewhere and it sure as shite ain't going to interest bearing accounts or bonds. Every market will be subject to an implosion if the bubble bursts (maybe not precious metals mid_long term). If wkt can secure funding before this happens then future production and demand for known quality will take care of the rest. Wkt will still take the normal hit in the lead up to qaqc production like (7-9 months) but will still have the benefit of secure future etc. Our product is required. The numbers speak for themselves. Its all about risk. That's why i don't margin loan in the current environment. The punters doing the DD will be well aware of this risk but also the potential rewards. Wkt has derisked itself superbly to this point. Very professionally done imho. I hope this all comes to fruition before there's blood on the streets.
 
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Last
9.6¢
Change
-0.004(4.00%)
Mkt cap ! $64.44M
Open High Low Value Volume
10.0¢ 10.0¢ 9.3¢ $79.54K 821.5K

Buyers (Bids)

No. Vol. Price($)
1 50000 9.4¢
 

Sellers (Offers)

Price($) Vol. No.
9.6¢ 66614 1
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Last trade - 15.39pm 06/09/2024 (20 minute delay) ?
WKT (ASX) Chart
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