@investig8... very interesting trading. "Scarcity will come into...

  1. 3,813 Posts.
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    @investig8... very interesting trading.

    "Scarcity will come into play"

    Yes... sooner than I imagined also and Wrkr is definitely transitioning, bringing a much larger market cap that larger funds must have for various reasons apart from just parcel size and trading volume to be able to enter and take a position.

    The stalemate/standoff didn't last long... and here we are at 5.2c.

    My low ball "back of the napkin" prediction for future market cap, on superannuation revenue alone, gives me many multiples of the current share price.

    BUT... we all know there's way more going on than just MUFG and superannuation onboarding and contribution transaction roll out deadlines to be inline with the government mandate of PayDay Super by 06/07/2026 (listen very closely to the presentation and quarterly report below) and as you have kindly pointed out in your special personal investment thesis (x 2) and with the belief Wrkr is a take over target, I now know any suitor will pay a premium on top of the share price. Multiple suitors could cause an auction situation or a bidding war, IMO.

    It's quite obvious, a large player/fund can't take a fair position from the dribs and drabs selling of late, albeit, more volume recently than we've witnessed in quite a while. They would need more supply and more supply will only come online when holders are motivated to become sellers.

    I believe we are witnessing genuine buyer confidence here at 5.2c due to complete trust in management, product quality and execution/completion of the Wrkr platform integration within the MUFG superannuation administration platform offering to their clients.

    And yes, as you've pointed out, any news flow from here on in will push the share price higher as the Wrkr offering is "packaged up" now waiting to be deployed in many different industry applications and also in short timeframes now hastened by government mandates and additional compliance to superannuation industry regulations.

    WRKR IS ALL GO......

    It's a must for serious investors to listen very carefully to these quarterly presentations from management.

    Note:

    23:38 minute mark question from Mark.
    43:45 minute mark question on accounting solutions.








    AIMO - DYOR - GLTAs



    Jocko
 
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(20min delay)
Last
8.3¢
Change
0.005(6.41%)
Mkt cap ! $142.9M
Open High Low Value Volume
7.9¢ 8.6¢ 7.8¢ $20.68K 249.1K

Buyers (Bids)

No. Vol. Price($)
1 20000 8.1¢
 

Sellers (Offers)

Price($) Vol. No.
8.6¢ 115096 2
View Market Depth
Last trade - 15.52pm 27/06/2025 (20 minute delay) ?
WRK (ASX) Chart
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