WHK 9.09% 1.0¢ whitehawk limited

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  1. 1,165 Posts.
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    I think there are several issues
    1: It's a micro cap - no one is interested
    2: Liquidity - this large shareholder is mopping up shares like no ones business, where's he getting them from ? It's certainly not tightening up the liquidity, in fact a $5K sale can knock 1 or 2% off the value
    3: One major deal with a Top 10 Fin Institution - only worth $325K. So this isnt a big money spinner, however I have always thought is about the masses that buy, the sme business people, thats where the potential comes from
    4: I don't like & have never liked how many shares a company can issue down the track & from memory there was the potential to issue lots, therefore potential dilution is always going to be factored in.
    5: One deal does not make a business. We need to see a few of these before a turnaround happens.

    Saying all that.
    I still keep thinking that this could be a mini amazon (of cyber products) to the global business world. If they market it right, get some good deals going, link up with an insurance company or 2 to promote the products (that to me is so logical & such a potential earner), I still think this has legs......
 
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Last
1.0¢
Change
-0.001(9.09%)
Mkt cap ! $5.857M
Open High Low Value Volume
1.2¢ 1.2¢ 0.9¢ $153.0K 15.19M

Buyers (Bids)

No. Vol. Price($)
3 778486 1.0¢
 

Sellers (Offers)

Price($) Vol. No.
1.1¢ 3864472 9
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