There must be so many trapped shareholders in WKT from 2019 through 2022 that limit the upside potential as they will all be a resistance point in the long term future chart.
EV's are old news now and with inflation and talk of green hydrogen and the likes there are other pressures on the sector as well.
I had a significant shareholding in WKT in the early days but the writing appeared to be on the wall to me at the time and it takes some kind of magic for a stock to have continued rises like they did through 2019 then the 2021 rally was a lower high - curtains.
They will just have to grow their SP via profitability, not hype, like a few stocks are achieving these days ... take a look at ECS for example - another hyped sector/stock in the past where the realities of the current market are now biting. But some are managing to break away from the pack through better management and an efficient business model.
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Last
10.5¢ |
Change
-0.005(4.55%) |
Mkt cap ! $73.83M |
Open | High | Low | Value | Volume |
11.0¢ | 11.0¢ | 10.5¢ | $105.3K | 1.002M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 82448 | 10.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
11.0¢ | 228123 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 82448 | 0.105 |
11 | 624986 | 0.100 |
3 | 140000 | 0.099 |
1 | 130000 | 0.098 |
2 | 160000 | 0.095 |
Price($) | Vol. | No. |
---|---|---|
0.110 | 228123 | 8 |
0.115 | 38690 | 2 |
0.120 | 610817 | 8 |
0.125 | 585166 | 10 |
0.130 | 244736 | 6 |
Last trade - 11.33am 24/07/2024 (20 minute delay) ? |
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