The way I measure success in either business or investment is three things.
1. Share price increase in value when you want to sell. WKT is not a trading stock and in the development phase
2. Building value in the business. It may not be reflected in the profit margins to begin with but increasing productivity for future gains.
3. Profits, obviously return of capital invested while maintaining your original investment.
WKT has ticked one of these boxes, building value in the business. Producing at about 50% from Mikes posts and should be running at cost now, although it will take another month for product being produced today to be loaded and receiving payments.
I am happy with my investment and happy to wait for points 1 and 3 to come to fruition.
Embedded growth opportunities INTERNALLY FUNDED, LOW CAPEX OPTIONALITY., page-125
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Last
10.5¢ |
Change
-0.005(4.55%) |
Mkt cap ! $70.48M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.0¢ | 10.5¢ | $17.10K | 156.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 129065 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 66431 | 2 |
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| Last trade - 15.56pm 27/09/2024 (20 minute delay) ? |
| WKT (ASX) Chart |