Hi stirer.
extending the payment terms is the same thing as providing a line a line of credit.
why did WKT need to provide the announcement 2-3 weeks after the shipment occurred?
was it to pump the SP, or was the new information which warranted an announcement related to the deferred payment/line of credit that was provided by Jinpeng?
any reasonable person would assume WKT wouldnt need deferred payment terms when they have $2.4 mil in their accounts, unless WKT are aware the alternative funding will be a while off and they require the cash to cover corporate costs.
Ann: Shipping of Equipment Resumes from China, page-59
-
- There are more pages in this discussion • 287 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add WKT (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
10.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $70.48M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 11.0¢ | 10.5¢ | $17.55K | 167.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 171468 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 221406 | 9 |
View Market Depth
| Last trade - 15.18pm 26/07/2024 (20 minute delay) ? |
| WKT (ASX) Chart |