WKT 0.00% 10.0¢ walkabout resources ltd

Ann: Annual Report to shareholders, page-82

  1. 16,164 Posts.
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    Hi Sirroboo,

    You are right, Farmer, myself along with many of the EGR holders made money out of our investment,

    over this period you have been pumping WKT very hard with your friends selling day dreams of getting rich. You have seen significant dilution and would be lucky to have made a profit after taking part in the many CR's at 23c 20c and 11c. I am sure a few of you would have also converted the 15c options.

    The difference between you and I.

    I don't get attached to stocks that I am invested in, I am willing to bank a profit, yet time and time again we can see that you and your friends are that invested in WKT, you cannot or don't feel you are able to bank a profit.

    you only need to look at the T40 reports over the past few years to see that many of these investors keep on buying as the SP continues to fall.

    The Annual report shows when WKT needed a bridging loan, these same investors who have bailed out the company many times before weren't willing to lend WKT the money, you only need to see the latest funding deals to understand WKT had no other options. credit card interest rates and free cash swips along with the ability to take 30% of any free margins.

 
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