WKT 2.33% 10.5¢ walkabout resources ltd

My feelings on WKT are the same as the high volume gap up day...

  1. 1,552 Posts.
    My feelings on WKT are the same as the high volume gap up day when it came on my radar volume wise... GB gave some good FA as i was unaware at that time its relationship to MNS..

    So yes very interested.
    However as not being a holder, I suggested the chum @ .010 would continue.
    Which it did, then a low volume retrace.

    At most you had around 7m units on .010 line however turned over some $2m in value.
    This suggests to me someone is / was drip feeding the .010 line, as you failed to push higher.
    The .013 top was a singe order.

    My thoughts are someone took up large holding with the $1.3m raise being some 200% up is happy to offload at this level. Leaving no short term gains for new investors until this passes.

    With 1.37m shares on issue this could chum at any level, but the two high volume days failed to push higher and you now see to be closing the gap on very light volume in comparison..

    I assume the seller will be clear if you can push above .010 chum on volume as WKT was kept at .010 for the two high volume days, then the volume drop off followed. Most likely following your grade results which should be to market soon, and potentially some investors from the north with be looking at these smaller outfits after yesterdays fall over this might push higher, until then one too watch for myself.

    05-05/10/15 Both VWAP .010

    Screen Shot 2015-11-13 at 8.19.50 am.png

    Screen Shot 2015-11-13 at 8.20.05 am.png

    Screen Shot 2015-11-13 at 8.23.30 am.png
 
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10.5¢
Change
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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
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Last trade - 12.11pm 12/07/2024 (20 minute delay) ?
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