"Perhaps investors are awaiting further release notes and the upcoming quarterly reports to showcase positive sales?"
Hi GGtrader,
If you are waiting for the QTR report to see positive sales, you will need to wait until September's QTR report is released in October.
WKT stated the first shipment of saleable graphite missed being shipped in June and this shipment was expected to be sent in early July.
The time you add in the 30-40 days shipping, plus the additional time for the customers to test the product. there won't be many days left in the September QTR for WKT to export concentrate to these possible repeat customers.
"Mike remains optimistic"
Would you expect a director whose family has around $4mil invested in WKT to be negative about his investment?
Just because a director is positive about a stock they are invested in, shouldn't be an indication of the company being successful or if everything is going to plan. You can go back and read all of the tweets to see how accurate they are compared the company's announcements. I have raised a few points over the past few days where there is a conflict between the two.
Can you name one other ASX-listed company where a director tweets daily or multiple times per day?
"a tweet offers a brief market update reflecting current events"
What information have you seen that provides a brief market update?
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Price($) | Vol. | No. |
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