WRK 0.00% 3.0¢ wrkr ltd

Link Group - Clearing House - CDR, page-167

  1. 253 Posts.
    lightbulb Created with Sketch. 428
    Hi @patawalonga

    My 5c worth on the SP volatility or lack of SP interest in this stock over the past 12 months.

    We will continue to experience negative pressure while the following remains;
    • Lack of deal flow news.
    • Long delays confirming completion of stated deals - Link for example.
    • When the Link deal is finally announced, I doubt it will improve SP sentiment as it has taken to long.
    • Investors are bored and are not waiting around, as they cannot gauge their risk and reward potential in holding.
    • The stock's tight liquidity.
    • Wrkr Ready product success or lack thereof needing to be better understood.
    • How much working capital are Wrkr burning through to build out the platform in relation to the need of another CR.
    • Management needs to market the company to investors better to raise interest/excitement in what they are doing. Currently in retail investor land, this stock is an unknown with no share price activity to excite new potential investors.
    • Current share market sentiment.

    If I was to sum up the current situation, Wrkr have done exceptionally well to make the partnerships/alliances they have, but it is obvious that they are just a small fish in a big pond whom are not yet in control of their destiny. This is obvious in the lack deal flow news.

    Ian
 
watchlist Created with Sketch. Add WRK (ASX) to my watchlist
(20min delay)
Last
3.0¢
Change
0.000(0.00%)
Mkt cap ! $38.14M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
2 294423 3.0¢
 

Sellers (Offers)

Price($) Vol. No.
3.4¢ 737500 3
View Market Depth
Last trade - 16.12pm 28/06/2024 (20 minute delay) ?
WRK (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.