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Exactly. For any Simsons fans out there this looked like a case...

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Mercury_Rising

991 Posts.

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09/10/18

11:36

Post #: 36048669
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Originally posted by steeve_lvm ↑

I understand the need to raise some cash, the part I really dont understand is why that VWAP which leave place to manipulation , why not raising at 12c or 12.5c as we were trading at 14.5 c at the time of the announcement, like this we would have had a floor under the SP .
And im sure the same amount of people would have take the raise anyway.

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Exactly. For any Simsons fans out there this looked like a case of "Burns can't swallow own story!"
He looked very uncomfortable describing the terms of the raise.

WKT Price at posting: 12.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 9.2¢		Change -0.004(4.17%)		Mkt cap ! $61.75M

Open	High	Low	Value	Volume
9.7¢	9.7¢	8.9¢	$45.75K	501.6K

Buyers (Bids)

No.	Vol.	Price($)
1	200000	9.3¢

Sellers (Offers)

Price($)	Vol.	No.
9.5¢	5315	1

View Market Depth

No.	Vol.	Price($)
1	200000	0.093
1	5500	0.092
1	45897	0.091
1	10000	0.090
2	81246	0.089

Price($)	Vol.	No.
0.095	5315	1
0.096	60793	3
0.098	61183	1
0.105	343296	3
0.110	169999	3

Last trade - 12.53pm 01/11/2024 (20 minute delay)

WKT (ASX) Chart

Exactly. For any Simsons fans out there this looked like a case...

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