Everything is fine, we are only issuing BMCG with 10 mil shares valued at $1.27mil to provide us with a line of credit, That may not need to draw down on the loan, I am gobsmacked that the ravers think everything is going well when the company has to pay a company this much in shares just to provide a highly conditional line of credit, With one of the major conditions being liquidity.
When will you guys wake up and start asking questions from your board, "what liquidity is required to enforce this deal"?
All I can say it screams desperation, I really hope WKT can secure one of these term sheets or things are going to get very messy.
- Forums
- ASX - By Stock
- Ann: Application for quotation of securities - WKT
Everything is fine, we are only issuing BMCG with 10 mil shares...
-
- There are more pages in this discussion • 61 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WKT (ASX) to my watchlist
|
|||||
Last
10.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $67.12M |
Open | High | Low | Value | Volume |
10.0¢ | 10.0¢ | 10.0¢ | $39.61K | 396.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 125500 | 9.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
10.5¢ | 220113 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 125500 | 0.099 |
2 | 370416 | 0.096 |
2 | 92238 | 0.095 |
1 | 83946 | 0.092 |
3 | 325000 | 0.090 |
Price($) | Vol. | No. |
---|---|---|
0.105 | 220113 | 3 |
0.110 | 13720 | 2 |
0.115 | 120000 | 2 |
0.120 | 419902 | 8 |
0.125 | 515166 | 8 |
Last trade - 15.54pm 19/08/2024 (20 minute delay) ? |
Featured News
WKT (ASX) Chart |