Let me get this right,
You are all confident in the Lindi Jumbo Graphite project due to Mike and his family owning ~6% of WKT.
You came up with the following calculation. 41.8mil shares at an average of say 15c Spid equates to $6.27mil all purchased with their own savings.
Based on your own calculation, Mike is currently down $418k on his investment.
Anyway, if Mike sees value in buying WKT the other week, where he increased his holding by 1.5%, why haven't any of the other directors followed?
Its not like the CEO who is claimed to be very confident in the project, expansion, etc isn't well remunerated earning $402k in the last financial year.
Even Tony Allen is earning $276k pa.
Ann: Chairmans Address - 2023 Annual General Meeting, page-59
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Last
11.0¢ |
Change
0.005(4.76%) |
Mkt cap ! $73.83M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 11.0¢ | 10.0¢ | $30.42K | 288.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 727 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 49817 | 1 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| WKT (ASX) Chart |