If they did take more shares on Monday - they would be at a 5 day vwap of what? Around 25c?
I don't see them taking more shares any time soon when they currently have enough shares to be selling for some time yet.
They will then take the hand brake off again, let the price shoot up for a while, THEN convert some more shares when their 5 day vwap is still in the 20s but the price has pushed higher into the 30s for a solid instant profit again.
So I don't think they will convert any more shares this month. WKT don't appear to be in any hurry to lock in offtake prices, and black craig drill results might still be a few weeks away due to global assay delays.
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Open | High | Low | Value | Volume |
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---|---|---|
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10 | 699351 | 0.105 |
14 | 689474 | 0.100 |
2 | 120000 | 0.099 |
1 | 130000 | 0.098 |
1 | 150000 | 0.095 |
Price($) | Vol. | No. |
---|---|---|
0.110 | 287699 | 4 |
0.115 | 261601 | 5 |
0.120 | 656697 | 12 |
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