Hi croc,
What a strange HC post to add to the WKT forum, The first time it was used was back in 2018,
https://hotcopper.com.au/threads/why-do-people-bash-stocks.4083643/?post_id=31805263
You might think that the SP for that company had only dropped from 1.8 cents down to 1.4 cents, but this isn't the full story, if you look at the charts they completed a share consolidation, which means the SP in 2018 would be around $4.20 per share.
Are you trying to tell investors WKT is going to see the same fate, where investors get to enjoy a significant share consulidation and they enjoy the continued fall in the SP?
We all know how well connected the T40 was when they called a 249d action to remove certain directors and have their director appointed, so far all you have suffered is significant dilution and virtually zero SP gains over the past 6 years.
https://hotcopper.com.au/documentembed?id=uOMxKKzFkiWRTLKhOROKAxjvTDYD4g29wRmZt%2Fxtke92GA%3D%3D
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Last
10.5¢ |
Change
0.005(5.00%) |
Mkt cap ! $70.48M |
Open | High | Low | Value | Volume |
11.0¢ | 11.0¢ | 10.0¢ | $65.81K | 626.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 306015 | 10.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
10.5¢ | 125500 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 306015 | 0.100 |
1 | 50000 | 0.099 |
2 | 140330 | 0.096 |
4 | 115270 | 0.095 |
2 | 150000 | 0.094 |
Price($) | Vol. | No. |
---|---|---|
0.105 | 125500 | 2 |
0.110 | 130000 | 2 |
0.115 | 361980 | 7 |
0.120 | 477177 | 4 |
0.125 | 249179 | 4 |
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