WKT 2.22% 11.5¢ walkabout resources ltd

Max as we all know all charts do not go in a straight...

  1. 240 Posts.
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    Max as we all know all charts do not go in a straight line.

    Imagine the ramifications if a number of large holders ( 1,000,000 shares plus ) of which there are quite a few decided to trade the highs and lows based on your methodology.
    Absolute carnage to the MC and SP apart from the liquidity problems buying and selling a large number of shares at predetermined price points.
    Not much chance of getting funding in those circumstances is there.
    Then include capital gain implications and what you have is a total unviable trading plan.

    The “buy and hope “ strategy for WKT long term holders could not be further from the truth based strong fundamentals as already extensively detailed.

    By all means trade your short term way but do not denigrate long term holders ( the backbone ) who are heavily invested in the future of this company otherwise expect more negative reply’s x 10 when the full funding announcement drops.
 
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Last
11.5¢
Change
0.003(2.22%)
Mkt cap ! $77.19M
Open High Low Value Volume
11.0¢ 11.5¢ 11.0¢ $127.5K 1.154M

Buyers (Bids)

No. Vol. Price($)
13 579597 11.0¢
 

Sellers (Offers)

Price($) Vol. No.
11.5¢ 37075 1
View Market Depth
Last trade - 16.10pm 19/04/2024 (20 minute delay) ?
Last
11.5¢
  Change
0.003 ( 0.00 %)
Open High Low Volume
11.5¢ 11.5¢ 11.5¢ 6335
Last updated 15.32pm 19/04/2024 ?
WKT (ASX) Chart
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