Sorry, I gave @Stirer my word and will stick to it.
Will leave you with this as you requested. The company needs more money and urgently after this CR and paying out its debts. That alternate funding needs to drop before XMAS in my opinion otherwise another loan to the company from holders OR another CR will be called upon early NY, just to satisfy company operations.
On a positive note, I have chased gaps in my personal trading many times as an indicator of potential future SP performance. 9 times out of 10 a gap below on a company’s chart will close (dropping the SP). Providing guidance on an entry. On the flip side, the same ratio generally applies for gaps above in a company’s chart (lifting the SP). Providing direction on potential future SP. WKT now has a lovely big gap above after the resumption of todays trading. IMO, a re-entry for any short or medium term trader would be circa 9cps. Risk V potential reward. Hopefully it doesn’t get to this level for you guys.
Most long terms holders would be feeling the pain today at these prices being 50% down and a lot of red on their portfolio. Could be temporary, bitter sweet - but a hell of a lot better than being in limbo suspended. Chins up.
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Sorry, I gave @Stirer my word and will stick to it.Will leave...
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Last
9.6¢ |
Change
-0.004(4.00%) |
Mkt cap ! $64.44M |
Open | High | Low | Value | Volume |
10.0¢ | 10.0¢ | 9.3¢ | $79.54K | 821.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 9.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.6¢ | 66614 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 0.094 |
1 | 8543 | 0.093 |
2 | 18924 | 0.092 |
4 | 486111 | 0.090 |
1 | 50000 | 0.089 |
Price($) | Vol. | No. |
---|---|---|
0.096 | 66614 | 1 |
0.097 | 95820 | 1 |
0.098 | 240300 | 2 |
0.099 | 216054 | 2 |
0.100 | 197434 | 1 |
Last trade - 15.39pm 06/09/2024 (20 minute delay) ? |
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WKT (ASX) Chart |