WRK 0.00% 3.5¢ wrkr ltd

Thank you @Maskyball for your kind words. Heres some of my...

  1. 3,662 Posts.
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    Thank you @Maskyball for your kind words.

    Heres some of my thoughts and opinion about WRK going into the New Year. I believe there are buyers waiting offscreen to pounce when shares become available and I also believe that some of the buys of late are possibly users of the Wrkr Platform now aware of the potential it has! If that's true we will see a gradual lift in share price from here on in, IMO.



    I've never really lost faith in IP1/WRK but I did start to question the $35 million dollar pipeline that got mentioned in the IER and the "meaning" of "mentioning" the Westpac clearing house statement in the IER as well.



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    On the $35 million dollar pipeline, patience is required, but we are a lot closer now than when the IER was written late last year. Also, If you look at the sales funnel and note also in the IER that an individualised specialised platform build could cost anywhere up to $8 million dollars for a single client we could quite easily make the $35 million dollars figure sooner rather than later. It's also worth noting that IP1/WRK didn't lose any clients whatsoever as stated in previous announcements.



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    On the Westpac clearing house statement, well, I still think WRK could "acquire" or "come by" quite a large piece of Westpac's clearing house pie (QuickSuper) but only when the timing is right and the technology is "ready" and also in a manner differently to what I was thinking some months ago. Maybe my specific questioning goes hand in hand and results will slowly materialise together? I guess there's more than one way to skin a cat!

    I was upset to see the share price drop to 1.9c recently, but I'm generally not a trader and that's just what happens in the stock market... like it or not, it's just irrelevant if you believe in your investments and you're in for the medium to long term! It's all about your own strategies and when you become a non believer you need to reassess the situation.

    If the share price was manipulated down and a cap raise was done, that would piss me off, as I've seen it in so many other stocks so many times, but I've also seen the share price go the other way too for a cap raise. Crystal ball stuff for anyone on the outer!

    All in all, I'm sticking with my position here because Wrkr is embedded in the greater market and is "real', providing a "rare" ONE fits all platform that's housing almost 3 million employees/Workers nationally already and also with actual reasonable annual revenue that's not long off to be going cash flow positive and the greatest potential to replicate, scale and to be sold internationally all the time looking to increase users ready for OPEN SUPERANNUATION and the revolutionary CDR (Consumer Data Right).

    Most of my comments in this post are just general observations from over the past few years and are not specific to WRK and are also just my humble opinion!



    Jocko
 
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Last
3.5¢
Change
0.000(0.00%)
Mkt cap ! $44.50M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
2 185000 3.4¢
 

Sellers (Offers)

Price($) Vol. No.
3.8¢ 1554397 5
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Last trade - 16.12pm 28/03/2024 (20 minute delay) ?
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