WKT 0.00% 9.5¢ walkabout resources ltd

Flushed with cash., page-24

  1. R08
    8,708 Posts.
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    Great financial acumen bud….
    So you borrowed to buy $50k of WKT stock - did you sell it ? Cause if you didn’t, you ain’t flush with cash yet. Must be borrowing again to put down your deposit on the Toyota
    Again - that ain’t flush with cash.

    @SpareCash7 - I don’t know about you, but if I have money in my pocket that is mine and not borrowed, I am flush. If I borrow it and hope that my predictions of profit come to fruition - I am NOT flush until my profits materialise. Because then, it comes back into my pocket as mine. Plus - stop trying to shift the discussion.

    Your headline is misleading. Borrowed funds does not signify a free cash flow, flush position. It’s that simple. Semantics really…I know. Just the level of pumping - needs to be called out.

    In share price news - not a bad day today - although a red day, a soft retrace like this can happen before then next strong leg up in a move. Particularly when the retrace respects price support. Consolidation. I suspect it’s looking for higher.
 
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