Well, this is a very interesting thread to read,
The action was brought on by shareholders because of the significant dilution they had suffered from previous poor capital raisings, after reading a few comments they thought their self-appointed director would resolve all of these issues,
Yet we have seen WKT's last 2 capital raises off investors a 40-50% discount.
It is also interesting to see the latest capital raising is at 11c, which is only 2 cents above the SP at the time of the 249d action and it is very likely WKT SP will return back to the 9c level when their director was appointed to the board wiping off any gains over the past 4 years.
Looking forward to seeing WKT recommence trading.
@Croc-file how many shares were on issue were there back in 2018? It's likely WKT will have nearly 800mil next month, what is the total dilution you have suffered over the years?
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