Its a vicious circle really.
Its obvious the current model of generating revenue is not working. Chasing the odd contract and waiting 18 months to see if they win or not is not sustainable while the cost structure is ripping WHK apart.
The lower the share price goes the greater the dilution to existing shareholder and the chance of getting any traction in the share price in the future
Even if a cap raise is done at 1 cent this month that is another huge 250 milllion shares plus all of Lind's shares which is around 29 milllion shares.
They need a model based on reoccurring revenue
Its a vicious circle really.Its obvious the current model of...
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Last
1.8¢ |
Change
0.001(5.88%) |
Mkt cap ! $8.325M | |||
| Open | High | Low | Value | Volume |
| 1.7¢ | 1.8¢ | 1.7¢ | $1.405K | 80.94K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 1064500 | 1.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.8¢ | 1372888 | 6 |
View Market Depth
| Last trade - 16.10pm 14/05/2024 (20 minute delay) ? |
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Last
1.8¢ |
Change
0.001 ( 5.88 %) |
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| Open | High | Low | Volume | ||
| 1.7¢ | 1.8¢ | 1.7¢ | 167429 | ||
| Last updated 14.40pm 14/05/2024 ? | |||||
| WHK (ASX) Chart |