Semi, I wouldn't buy WKT shares even if you gave me the money.
I think the project is flawed and you only need to see the number of pumps by the LTH when the T40 reports are released.
I am sure you have noticed one buyer last month, who purchased a few hundred thousand shares, yet didn't take part in the life-saving CR.
Anyway, when do you think WKT will draw down on Gemcorps loan, As you would know the QTR cashflow report from March indicated the company would run out of cash during the previous QTR. I am honestly surprised the ASX hasn't asked WKT how it expects to continue to operate if the Gemcorp funding is delayed. Or can you advise that more funds have been provided by the T40?
Ann: Development progress - Lindi Jumbo project, page-1078
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Last
11.0¢ |
Change
0.005(4.76%) |
Mkt cap ! $73.83M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 11.0¢ | 10.0¢ | $30.42K | 288.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 727 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 49817 | 1 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| WKT (ASX) Chart |