WKT

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9.2¢ walkabout resources ltd

Ann: Lindi Jumbo gears up for first graphite concentrate export, page-447

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R08

8,698 Posts.

1852

20/07/24

11:15

Post #: 74838988
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Originally posted by spid81: ↑

Hi R08,

I think it is unlikely anyone is accumulating shares as the daily volume is insignificant. I do find it interesting the large wall at 11 cents is the same price as WKT's previous CR, or the other alternative is the SP is being kept in this range as this shareprice Jinpeng will be issues shares at once they complete commissioning.

I am not fussed by the promoters not engaging. Its alarming they are not willing to discuss WKT's current issues (Jinpeng, production, output, purity, funding, opex) they would much prefer to discuss future expansion or downstream processing. I personally don't see why anyone would even consider these options if the mine isn't viable in its current format and cannot produce the jumbo's that are used for down stream processing.

Expand

Of course the volume has been insignificant.

As I mentioned, the capper at 11c has only just arrived and any accumulation phase will be evident from here on in, not prior. Thus why I stated the emergence of the 11c cap sell as being a potentially positive TA tell.

WKT Price at posting: 10.5¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last 9.2¢		Change -0.004(4.17%)		Mkt cap ! $61.75M

Open	High	Low	Value	Volume
9.7¢	9.7¢	8.9¢	$45.75K	501.6K

Buyers (Bids)

No.	Vol.	Price($)
1	200000	9.3¢

Sellers (Offers)

Price($)	Vol.	No.
9.5¢	5315	1

View Market Depth

No.	Vol.	Price($)
1	200000	0.093
1	5500	0.092
1	45897	0.091
1	10000	0.090
2	81246	0.089

Price($)	Vol.	No.
0.095	5315	1
0.096	60793	3
0.098	61183	1
0.105	343296	3
0.110	169999	3

Last trade - 12.53pm 01/11/2024 (20 minute delay)

WKT (ASX) Chart

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