WKT 0.00% 9.5¢ walkabout resources ltd

Ann: Release of Security held by CRDB, page-24

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  1. 4,211 Posts.
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    exactly, bit like buying a house and then the housing market drops. I did that and took near on ten years for house prices to recover where now I’m better off. In the short term it feels like getting kicked to the ground but is it the wrong thing to do. Well right or wrong once you’ve committed you got no choice but to play the hand you’ve been dealt. WKT was under the impression from the Bank everything was all good to go and spent their deposit as required by the bank. Once they were committed they had no choice. WKT had the advantage of the cheaper costs before inflation and while my house was less than the mortgage I kept spending money on it because materials and labour was cheap too. Now I don’t have to spend much with higher inflation. I’m sure WKT will be worth it in the end. Like my house is now.
 
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