WKT is “Flushed with cash” ? Are you kidding….
Ok - so I go into a bank and borrow $50k on a personal loan, to do whatever I want with, splash it around town….Am I cash rich or have I created a repayable debt ? The high flyer that is leveraged to the hilt and drives a top of the range Porsche…is he flush with cash ?
In real terms - being flush with cash, implies a free hold, debt less cash position. Unemcumbered cash availability.
So yes, your heading is factually and grandiosely misleading ! If you had raised $20m from shareholders - then WKT would be “flush with cash” !
MASSIVE pumper….
Flushed with cash., page-15
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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 |