Raff,
You need volume and conviction to drive the SP.
Volume is not high at the moment, so I am thinking most of these trades are retail investors topping up and others taking some profit off the table.
You would be buying now because you have conviction that Wrkr will do all things I said in my last post.
If that happens, the SP will rerate from here. To what level... no idea but it would depend on the announcement/s (.08c / .10c / .12c????).
Industry funds that came in at the raise, will probably wait for any announcements that confirms the business's trajectory before buying more shares.
The SP could move quickly quickly either way from here.
Ian
WRK
wrkr ltd
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4.29%
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7.3¢

Share Price Rerate, page-56
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Last
7.3¢ |
Change
0.003(4.29%) |
Mkt cap ! $120.5M |
Open | High | Low | Value | Volume |
7.1¢ | 7.6¢ | 7.1¢ | $5.917K | 80.96K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 12073 | 7.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.5¢ | 300000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 64288 | 0.073 |
3 | 62099 | 0.071 |
3 | 778480 | 0.070 |
2 | 140000 | 0.068 |
2 | 16280 | 0.065 |
Price($) | Vol. | No. |
---|---|---|
0.076 | 148052 | 1 |
0.077 | 16794 | 1 |
0.078 | 250000 | 1 |
0.080 | 240385 | 2 |
0.094 | 25108 | 2 |
Last trade - 10.38am 23/06/2025 (20 minute delay) ? |
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WRK (ASX) Chart |