WKT 3.85% 12.5¢ walkabout resources ltd

This would be a nice point to bounce from once finance/offtake...

  1. 3,271 Posts.
    lightbulb Created with Sketch. 958
    This would be a nice point to bounce from once finance/offtake news hits, but unless you are a pip trader these highs and lows shouldn't worry holders to much, we all know we are on a winner and I personally think we saw the shakeout last week with pretty good volumes being countered with willing buyers.

    Sellers seem to have dried up for the moment. It matters little, we just waited over 12 months for a Mining Licence and now we only need to wait 9-12 months with a month already down for production. WKT is so much closer to a return than any other graphite stock on the ASX by many years. The build of the plant and the return on investment is incredible compared to other Tanzanian graphite stocks which are 5 or more years off a return, hence their share price will be pretty stagnant for those guys until close to production.

    WKT could have nice little nest egg within 24 months, it is bloody incredible when you think about it. Ireland and Namibia haven't even been factored in, imo.
 
watchlist Created with Sketch. Add WKT (ASX) to my watchlist
(20min delay)
Last
12.5¢
Change
-0.005(3.85%)
Mkt cap ! $83.90M
Open High Low Value Volume
13.0¢ 13.0¢ 12.5¢ $10.71K 83.23K

Buyers (Bids)

No. Vol. Price($)
5 69810 12.5¢
 

Sellers (Offers)

Price($) Vol. No.
13.0¢ 43105 2
View Market Depth
Last trade - 15.58pm 03/05/2024 (20 minute delay) ?
Last
12.5¢
  Change
-0.005 ( 3.85 %)
Open High Low Volume
12.8¢ 12.8¢ 12.5¢ 8651
Last updated 15.24pm 03/05/2024 ?
WKT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.