WKT 4.76% 11.0¢ walkabout resources ltd

Ann: Cleansing notice-WKT.AX, page-8

  1. 2,108 Posts.
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    sirrobbo many traders (and bots), and possibly even institutions have made money off WKT. With 7-10% swings regularly that makes plenty of people money as they pop in and out. Those with deep pockets can buy up millions of shares and then strategically sell them off again in stages and make tidy sums of cash and pull the SP down again if desired so they can repeat the process again. The months of going nowhere fast always spooks the holders making it easier for the pro's to keep the SP on the round about. If you look a little more calmly as you say it was 3c for what seemed forever and now its at 5-7c. 100% gain ain't a bad profit at all. As for the new SI holders let them sell or hold, i believe the inevitable is only months away as once WKT has a few more ducks lined up the SP will not be sub 5c for long.
 
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10.5¢ 11.0¢ 10.0¢ $30.42K 288.2K

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1 727 10.5¢
 

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11.0¢ 49817 1
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