WKT 3.85% 12.5¢ walkabout resources ltd

If you can’t see the pattern of the small buy chip ups - which...

  1. R08
    7,663 Posts.
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    If you can’t see the pattern of the small buy chip ups - which the plebs follow up - before being dumped into (just like yesterday), then you are watching the wrong stock. Continues to trade the 11c-12c channel as I mentioned whilst the apex of the descending triangle looks to complete by 1st week of April.

    Still too much supply which is being control sold back into the market. Now, when you consider as @Croc-file rightly pointed out - that the insto’s wont buy until serious revenues are proven of which the company itself has detailed will be pilot orders only intially - this means no serious price uplift in SP during the ramp up period. Then couple this with BMCG’s continued sell pressure and the likelihood is that upon the apex being completed, the SP will drift further south IMO. Re rate catalysts are investor interest, strong market sentiment / confidence, forward looking anticipation and a tight register. All of which - at the moment - WKT lacks from the markets severely !
 
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Last
12.5¢
Change
-0.005(3.85%)
Mkt cap ! $83.90M
Open High Low Value Volume
13.0¢ 13.0¢ 12.5¢ $10.71K 83.23K

Buyers (Bids)

No. Vol. Price($)
5 69810 12.5¢
 

Sellers (Offers)

Price($) Vol. No.
13.0¢ 43105 2
View Market Depth
Last trade - 15.58pm 03/05/2024 (20 minute delay) ?
Last
12.5¢
  Change
-0.005 ( 3.85 %)
Open High Low Volume
12.8¢ 12.8¢ 12.5¢ 8651
Last updated 15.24pm 03/05/2024 ?
WKT (ASX) Chart
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