Well said however you are missing a key point.
In part, but not the main point - The manipulation is due to WKT management handing out shares to many left, right and centre. You can’t blame such operators for recouping their cash / profits from cheaply issued shares.
The main point however is - WKT is not demonstrating the financial viability of their business to the market. So…anyone sitting out and watching this story unfold would simply NOT invest. Two reasons why;
1) Lack of cash but a heap of debt.
2) Unconfirmed revenue supporting debt structure/profitibility.
Once you understand this - you won’t blame those that make the markets…you will however start to focus your questions of management who run WKT.
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Last
9.9¢ |
Change
0.001(1.02%) |
Mkt cap ! $66.45M |
Open | High | Low | Value | Volume |
9.9¢ | 10.5¢ | 9.8¢ | $59.93K | 601.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 151525 | 9.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
10.5¢ | 151469 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 151525 | 0.099 |
2 | 310193 | 0.098 |
2 | 25876 | 0.096 |
4 | 31028 | 0.095 |
2 | 50001 | 0.094 |
Price($) | Vol. | No. |
---|---|---|
0.105 | 151469 | 4 |
0.110 | 226803 | 6 |
0.115 | 100000 | 1 |
0.120 | 299902 | 6 |
0.125 | 255166 | 5 |
Last trade - 16.10pm 04/09/2024 (20 minute delay) ? |
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