WKT 8.33% 11.0¢ walkabout resources ltd

Ann: Lindi Jumbo Project Update, page-4

  1. 249 Posts.
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    This update in it's self is great, As previously mentioned, I would have been very happy if this was in isolation, but this mornings dilution, well, that will take some serious getting used to, the news had better start to flow rather consistent now otherwise this stock will continue to fade away.
    Still hopeful that the CD Capital was a sign of partial funding, being worked out in the very near term.
    I hope that this mornings capital raising is just a stop gap filler until finance, and that we get no more of these.
    Finally for the WKT secretary who may be reading this, what you did was not "Capital Raising" as you announced it was more like, "massive dilution through share raising activities"

    Still holding, and I haven't sold and won't until it is boom or bust, but, this could have been handled better management.
    All just my opinion of course.
 
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