May I pls correct you for a moment - There is no entry I seek, whatsoever under the current circumstances.
There is no liquidity and plenty more price pressure to come when all of the groups entitled under these “new” agreements are issued their equity shares. The only way they can get paid is to sell them. And the broader market won’t be buying en masse in order to support the SP until a genuine debt funding deal, plus commissioning and production finances are finalised.
I suspect that the floor price on BMCG’s deal at 6c will be touched as then they can demand a cash payment as opposed to equity, when the liquidity issues with the stock will not support their ability to trade out.
I hope the opposite occurs for you and things turn for the better.
- Forums
- ASX - By Stock
- WKT
- Ann: Response to ASX Query Letter
Ann: Response to ASX Query Letter, page-69
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WKT (ASX) to my watchlist
|
|||||
Last
10.5¢ |
Change
-0.010(8.70%) |
Mkt cap ! $70.48M |
Open | High | Low | Value | Volume |
11.0¢ | 11.0¢ | 10.5¢ | $144.7K | 1.353M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1519 | 10.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
11.0¢ | 70033 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1519 | 0.105 |
8 | 327388 | 0.100 |
3 | 151640 | 0.099 |
1 | 200000 | 0.098 |
1 | 100000 | 0.096 |
Price($) | Vol. | No. |
---|---|---|
0.110 | 70033 | 3 |
0.115 | 17391 | 1 |
0.120 | 448666 | 8 |
0.125 | 733059 | 12 |
0.130 | 513410 | 12 |
Last trade - 16.10pm 20/06/2024 (20 minute delay) ? |
Featured News
WKT (ASX) Chart |
The Watchlist
HAR
HARANGA RESOURCES LIMITED.
Peter Batten, MD
Peter Batten
MD
Previous Video
Next Video
SPONSORED BY The Market Online