WKT 4.00% 13.0¢ walkabout resources ltd

Possible $64M EBITDA. MC $94M

  1. 988 Posts.
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    With the recent revelation, from a known WKT detractor, that WKT could be making a profit of USD $4M per month it is interesting to see that the market cap is only AUD $94M.
    Imo, the market is still risk averse and waiting to see the drawdown of funds from the Tanzanian Bank before a re-rate. The other milestone being the signing of binding offtakes that we will expect once construction is well underway. Once these agreements are signed, no amount of games will be able to hold the price down because buyers will be flocking until such time that a good portion of a projected earnings multiple market cap is achieved.
    It's rare that I see a stock where I can feel confident that it will be multiples higher in a year without having to rely on exploration results that could go either way.

    DYOR
    GLTAH
 
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Last
13.0¢
Change
0.005(4.00%)
Mkt cap ! $87.26M
Open High Low Value Volume
12.5¢ 13.5¢ 12.5¢ $149.1K 1.165M

Buyers (Bids)

No. Vol. Price($)
3 81219 12.5¢
 

Sellers (Offers)

Price($) Vol. No.
13.5¢ 398672 7
View Market Depth
Last trade - 16.10pm 02/05/2024 (20 minute delay) ?
Last
13.0¢
  Change
0.005 ( 8.33 %)
Open High Low Volume
12.5¢ 13.5¢ 12.5¢ 109479
Last updated 15.59pm 02/05/2024 ?
WKT (ASX) Chart
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