Sounds like a very anti-WKT speculative viewpoint. It will come down to the numbers. If it looks like the company will make $20m profit in first whole year of production than the company is going to be worth multiples of that and would not dump back to current levels for the fun of it. There will undoubtedly be a pump and dump but it was resettle at a higher level than now unless the next set of projections are more pessimistic.
WKT Fundamentals, page-640
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Last
9.8¢ |
Change
-0.007(6.67%) |
Mkt cap ! $65.78M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.5¢ | 9.1¢ | $244.2K | 2.461M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 360000 | 9.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.8¢ | 200933 | 1 |
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| Last trade - 16.10pm 06/08/2024 (20 minute delay) ? |
| WKT (ASX) Chart |