As you know, Management has indicated they are fully funded until production,
I am more interested if WKT will draw down on the additional US$4.0 from BMCG to provide the working capital, (which will increase the total convertible equity to US$8.9mil) or if they have faith in tapping the market again. The 10-month window for WKT to request the additional US$4 mil in funding is fast approaching.
The last CR to institutional investors IMO was a complete disaster that resulted in the company being suspended from the ASX and WKT was required to offer a ~40% discount to raise around $7mil out of the $20mil they were after.
Ann: Application for quotation of securities - WKT, page-215
-
- There are more pages in this discussion • 43 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¢ | 10.5¢ | 10.0¢ | $59.51K | 567.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1143 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 465217 | 9 |
View Market Depth
| Last trade - 15.55pm 25/07/2024 (20 minute delay) ? |
| WKT (ASX) Chart |