WKT 1.06% 9.5¢ walkabout resources ltd

Ann: Voluntary Suspension Extension Request, page-11

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  1. R08
    8,698 Posts.
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    Great news the company received the conditions required from the ASX last night in order to relist…..

    The fact that there are conditions at all is a real concern. If the company were compliant - reslisring would have occurred at the end of the shortfall placement. As @semi retired stated on Monday - those close to WKT management expected the suspension to be lifted Tues/Weds this week. How they were wrong….

    Now, the company announces (quote); “BELIEVES it can satisfy each of these conditions in a timely manner and INTENDS to recommence trading as soon as possible” ! (Unquote). Hardly a strongly confident statement. The ASX have likely requested stringent financial assurances. In my opinion - mostly around the CRDB drawdown.

    Thurs 10th November - based on the wording of this announcement and the CRDB still not communicating as announced in the QRTLY, I expect the suspension will be yet again extended.
 
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9.4¢ 9.5¢ 9.2¢ $6.911K 74.79K

Buyers (Bids)

No. Vol. Price($)
1 38517 9.2¢
 

Sellers (Offers)

Price($) Vol. No.
9.6¢ 37788 1
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Last trade - 14.46pm 05/11/2024 (20 minute delay) ?
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