WKT 4.76% 10.0¢ walkabout resources ltd

WKT - history., page-251

  1. 646 Posts.
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    Hi Irukanji, in Dec 16 there was a share consolidation.
    The share price prior to consolidation was 0.004 with over 2 billion shares on the registry so a 23 for 1 consolidation was done ....meaning that every 23 shares that we held would make 1 new share at a value of 9.2 cents.
    At the time of consolidation I think from memory it reduced the shares on the registry to 101 million shares.
    Now from memory including options not exercised there are about 350million shares on the registry, calculating to about 250% dilution to all holders since December 16.

    To answer your question, some or most here will have an average of 9 cents to 15 cents, which makes buying right now seem like buying at the bottom, but who knows what the market or world influences will bring us day by day.
 
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