I actually respect this POV.
You acknowledge you are gambling the upside and that's what it is, a gamble.
How could it be construed as anything else, a causal glance at thgraohite e landscape of wannabe African graphite producers shows a clear relationship between share price run ups for anticipated funding and then a correction.
This graphite space is littered with the bodies of overhyped projects.
early start works WKT was seen as a positive by this forum, embrace debate - it's a bat shit crazy move which puts the company in an all or nothing position which could end up in tears.
i can see the marketing pivot now, an expensive patch of dirt in the middle of Tanzania is spun as a lifestyle opportunity for retirees....
as I said, this stock is still a gamble and holders are working under the assumption funding is fait acompli....the grave yard is littered with African graphite companies who made the same assumption.
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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($) | Vol. | No. |
---|---|---|
11.0¢ | 224492 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
12 | 604881 | 0.105 |
13 | 607474 | 0.100 |
2 | 120000 | 0.099 |
1 | 130000 | 0.098 |
1 | 1 | 0.097 |
Price($) | Vol. | No. |
---|---|---|
0.110 | 224492 | 6 |
0.115 | 1040750 | 5 |
0.120 | 676697 | 12 |
0.125 | 497166 | 10 |
0.130 | 337943 | 6 |
Last trade - 12.11pm 12/07/2024 (20 minute delay) ? |
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WKT (ASX) Chart |