WKT 0.00% 9.5¢ walkabout resources ltd

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  1. 37,911 Posts.
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    said it before. hard to believe they gave away 13% of the company to raise $120,000

    anyway, the two investors are one old investor & one newer investor

    my estimate is the old investor has an average price of 1.1 cent so they are probably still $500K in the red

    the newer investor (Darby) would have an average price of 0.3 cents, so they are certainly the one taking some profits today, since their holding from 2104 of 11,425,000 shares in actually currently in the sell queue

    my guess is Darby will hold 30M shares after their selling at an average of 0.13 cents per share

    as for the other investor, i can't see them selling since it is until 1.1 cents before they break even

    Last edited by ddzx: 14/05/15
 
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