Link Group (LNK) - Contract, page-32

The chart looks good for Wrkr now that the $6.6 million raise ($7.1 million in total with the SPP) shares have hit investor's accounts and especially now with trading data available for this weeks trading seeming to show those shares have gone to quality investors. (Sticky hands who must believe in the Wrkr story)

I really don't think we will witness too much of a decrease in share price from current Wrkr holders resulting from the Share Purchase Plan (SPP) over the next few days as any shares coming on market have been gobbled up at 3c or 3.1c, IMO.

Gauging support on the chart, I believe it's now formed at 3c with a couple of price points above 3.1c that will probably cause some resistance (3.2c to 3.5c).

Any positive news could see the share price break the recent high of 3.8c, but just buying pressure absent of news may see the Wrkr share price hovering between 3.2c and 3.4c until news hits the market and depending on any impatient holders who may want out due to the long wait to this point in Wrkr's life cycle.

I believe MUFG is all geared up for growth with the superannuation arm of the business now that the Link Group takeover is completed, so that directly translates to growth for Wrkr.

You will notice on the second screenshot of the Wrkr chart, that the recent volume has ticked up quite sharply with the share price holding around 3c to 3.1c indicating soaking up of any shares coming on market in that range.














When the Wrkr Team achieve contracts or even trials for the goal now at hand we are looking for the result of 7 for 7.

7 million users for $7 per user equating to $49 million dollars ARR (Annual Recurring revenue).

That's huge and achievable not just coming from my point of view and opinion but confirmed by the trust and support shown in the recent raise to investors.

With the WrkrOne platform integrated into the MUFG Aaspire admin platform I can only see large, and if not all MUFG superfund clients taking up the new digital services offering supplied and integrated by the Wrkr team over the last 2 years or so.


Growth for the MUFG superfund business translates to a share price increase for Wrkr's investors and MUFG is only one section of the Wrkr story.

A little research on Wrkr will show that this company has many current and potential new (large) channel partners that will take up the Wrkr platform.





Jocko