WKT 4.35% 12.0¢ walkabout resources ltd

Ann: Quarterly Appendix 5B Cash Flow Report, page-128

  1. 15,688 Posts.
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    "the Elliot family are either going to make alot of money or lose alot of money on this company."

    Exactly Dan, that is why you shouldn't pay that much attention to one of Mike's sons buying a shares. If you did this you would been significantly down on your investment, they have purchased on market and taken part in placements with many of these being higher than the current SP.

    As I said, the pump crew will sell the positives of this, but they won't provide the history of their purchases. Not that long ago, Shareholders had to approve Mike's 3 son's taking part in a placement, I am fairly certain that was at 23 cents. Was that a good investment?

    What are your thoughts on WKT's cash balance, do you hold a similar day dreamer view and many of the positive posters?

    also what are your thoughts on WKT's requirement to hold 2 QTR of loan servicing?


 
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