WKT 5.00% 10.5¢ walkabout resources ltd

"Seek out the most informed posters and make up your own...

  1. 16,093 Posts.
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    "Seek out the most informed posters and make up your own mind."

    if you did this, not only would you be sitting on significant loss, but you would have suffered over 300% dilution to your holding.

    When the non holders raised concerns about CRDB's loan draw down, they claimed WKT was saving on interest. The company then announced there were issues with the loan, which subsequently was never drawn on and the company was suspended from for a long duration, during this period they also breached ASX listing rules and nearly failed raising the minimum funds required to relist, (required an extension from the ASX)

    you should also note that a number of These posters who claim to be T40 shareholders failed to take up one share in the entitlement offer.

    BTW, I checked out that poster you quoted, he is sitting on a major loss, why would you quote his posts about patience, after being invested for over 18 months, his investment hasn't returned any financial gains to justify having patience.

    its no different than many of the LTH, since the shares were consolidated, the SP has increased by 2.3 cents over 5 years. These investors would have seen better returns by investing their money in a term deposit.
 
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