MOZ's current diluted market cap is $36.5M while WKT's is $11.0M.
WKT will get re-rated to where it belongs and once it does, everyone will say; yes, blind Freddy could've seen that coming.
There is just no justification for WKT to be valued at less than MOZ, let alone less than a third of MOZ when it has better results (and better tenements/areas) and will start producing quicker (assuming MOZ gets there).
Now is definitely the time that people start doubting their research and investment and some sell (few sells into the bids, sells side starting to get a bit stacked, etc) - I know, I've sold quite a few times in situations like this, and guess what happens next?
It flies and I kick myself and ask why and how did I not see that coming...not that it's that hard to see in this case.
Easy holding here and bring on the next batch of high grade assays for the other four holes and all the other news.
Cheers,
GB.
Ps. Not knocking MOZ and hope it keeps flying but WKT's current value in comparison is ridiculous.
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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¢ | 10.5¢ | $73.74K | 701.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 100526 | 10.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
11.0¢ | 298668 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 100526 | 0.105 |
14 | 707474 | 0.100 |
2 | 120000 | 0.099 |
1 | 130000 | 0.098 |
1 | 150000 | 0.095 |
Price($) | Vol. | No. |
---|---|---|
0.110 | 298668 | 9 |
0.115 | 258601 | 4 |
0.120 | 647817 | 10 |
0.125 | 497166 | 10 |
0.130 | 337943 | 6 |
Last trade - 13.08pm 15/07/2024 (20 minute delay) ? |
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