I think SP will trend towards what the CR was at.
If WKT issues 20% more shares it makes sense that the dilution would result in a 20% drop in SP.
The speculation is that the CR will be/was at 26-27c which is reflective of a pre dilution SP of the mid/low 30s cents.
If the news on Monday has a positive slant - I might put in a few more buy orders at those prices.
I think SP will trend towards what the CR was at.If WKT issues...
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Last
9.8¢ |
Change
-0.007(6.67%) |
Mkt cap ! $65.78M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.5¢ | 9.1¢ | $244.2K | 2.461M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 360000 | 9.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.8¢ | 200933 | 1 |
View Market Depth
| Last trade - 16.10pm 06/08/2024 (20 minute delay) ? |
| WKT (ASX) Chart |