Stevo
Greed has nothing to do with it. It is a question of fundamental value. When (not if) WKT is in full production and debt free at Lindi then the value of the company should be (on a conservative PE) between $1.50 and $2 per share. So why would you sell at 30 cents when a little patience will provide such a reward? I agree that if the SP went to, say, $5 then greed might become a factor. However, at these levels there is a lot of growth ahead..... And that is without considering the added benefits of.... "In addition to the Lindi Jumbo Project, Walkabout is also exploring in southern Namibia at the Eureka Lithium Project and the Company has also acquired an exciting exploration portfolio for gold and base metals in Northern Ireland and Scotland."
Even if just ONE of those other projects were to prove to be successful then $5 might not seem greedy after all. Patience. It happened with Sirius so why not Walkabout?
Stevo Greed has nothing to do with it. It is a question of...
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Last
12.5¢ |
Change
-0.005(3.85%) |
Mkt cap ! $83.90M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.0¢ | 12.5¢ | $10.71K | 83.23K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 69810 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 43105 | 2 |
View Market Depth
| Last trade - 15.58pm 03/05/2024 (20 minute delay) ? |
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Last
12.5¢ |
Change
-0.005 ( 3.85 %) |
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| Open | High | Low | Volume | ||
| 12.8¢ | 12.8¢ | 12.5¢ | 8651 | ||
| Last updated 15.24pm 03/05/2024 ? | |||||
| WKT (ASX) Chart |