Oh dear.. Retail getting themselves into a trading frenzy. Pattos unloading as per usual. Still no mining license. So why the massive pump?
I am of the firm belief the political risk and instability in Tanzania is rising, i came across these articles whilst trying to find mining license news. Nationalism.
Workers getting retrenched
http://ambriefonline.com/tanzanias-mining-policy-backfiring-acadia-to-retrench-workers/
New lows of repression
http://theconversation.com/tanzanias-latest-clampdown-takes-decades-of-repression-to-new-lows-96959
Ordering multinationals to open bank accounts so the Government can have access to monies.
http://www.thecitizen.co.tz/News/TZ...-transfers/1840340-4577296-tm5ctyz/index.html
Acacia cutting their losses
Manas pulling the pin
https://www.ecofinagency.com/mining/2805-38543-tanzania-manas-resources-ends-victoria-project-bid
The smart money is leaving the building and retail will be left holding the bag.
The fact that we had a huge run before any news in the media is a cause for concern.
One last thing i dont care about a lower prices or higher prices, im not looking to enter i wont be touching this with a 10ft pole, too much political risk and i have already wasted 4 months holding. Just trying to balance the unbridled euphoria...
Oh dear.. Retail getting themselves into a trading frenzy....
Add WKT (ASX) to my watchlist
 (20min delay)
|
|||||
|
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) ? |
|
|||||
|
Last
12.5¢ |
Change
-0.005 ( 3.85 %) |
||||
| Open | High | Low | Volume | ||
| 12.8¢ | 12.8¢ | 12.5¢ | 8651 | ||
| Last updated 15.24pm 03/05/2024 ? | |||||
| WKT (ASX) Chart |