I like your sentiment @tbulm and really hope you are right. WKT is so undervalued it isn't funny. My real concern (short-term) is however; Paterson's are at the helm right now. They have at least another 25M share to offload, and a lot of options to gain if there is a good enough reason for SH's not too take up their entitlement...
IMO yesterday was 90% Pato's. Broker data which was requested yesterday in a previous post will hopefully become available next week and we will have a better understanding of yesterday smashing of the share price. I will still be taking up my entitlement as once this horrendous raise is done and dusted, the only way will be up. Just have to batten down the hatches and ride the storm out in the meantime...
path to production for WKT, page-119
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Last
10.5¢ |
Change
-0.003(2.33%) |
Mkt cap ! $70.48M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.0¢ | 10.5¢ | $21.84K | 201.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 604881 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 224492 | 6 |
View Market Depth
| Last trade - 12.11pm 12/07/2024 (20 minute delay) ? |
| WKT (ASX) Chart |