Yes, Pareto misses out on commissions if bond issue is unsuccessful, although I would assume set fees for managing placement are non-recoverable. They would have also raked in some juicy consulting fees over last few months.
The fact that holders here aren't willing to do the most cursory research on their investments should be a worry. My own view, which I've stated before, is that I'm entirely comfortable with funding being sought from the risky end of town. WKT is, as you say, a risky project. Assuming project fundamentals stack up, risk is on the investors; their problem not ours. I had originally expected mgmt to try the route of the African bond market, a la Mozambi. Any European jurisdiction is a significant step up from there imo.
You'll forgive my overt 'down ramping'. Maybe if I carve WKT into my forehead with a fork I'll be accepted as one of your own.
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11.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $77.19M |
Open | High | Low | Value | Volume |
11.5¢ | 11.5¢ | 11.5¢ | $100 | 869 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 815013 | 11.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
11.5¢ | 1036759 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 815013 | 0.110 |
5 | 452856 | 0.105 |
15 | 721114 | 0.100 |
2 | 120000 | 0.099 |
1 | 130000 | 0.098 |
Price($) | Vol. | No. |
---|---|---|
0.115 | 1036759 | 6 |
0.120 | 670697 | 12 |
0.125 | 1520665 | 17 |
0.130 | 413943 | 7 |
0.135 | 458027 | 6 |
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