Of course shareholders are happy Stirer - it softens your nerves on funding the project. It provides comfort to you all that at least your investment has a “shot” ! But at what ? This deal is a noose….still with unconfirmed detail around the percentage rate on the cashflow margin Gemcorp will charge !
The market however - is not happy at all. A measly $55,000 traded today on what many of you thought would be company shaping news. There is zero interest in WKT. The market has lost total trust and this has unequivocally now been proven.
Never doubted the funding would arrive - but I had serious questions over the terms…which have now shown themselves to be as abominable as I expected !
Ann: Lindi Jumbo and Gemcorp execute final US$20m debt facility, page-69
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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¢ | 10.5¢ | $12.98K | 123.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 215000 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 321406 | 10 |
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| WKT (ASX) Chart |