WLD 0.00% 4.0¢ wellard limited

What is the purpose of this Mr Butt? If he wants to buy the...

  1. 403 Posts.
    What is the purpose of this Mr Butt? If he wants to buy the company, he should wait until the share price drop to 10cents. Is he really smart to jump in at the moment? Or he just want to show his friendship with Mauro, tell him a friend in need is a friend indeed? Or he has other purpose to support Mauro at the moment? To save the company from insolvency, the rightway for him to do should be private capital raising instead of supporting the current share price. Mauro owe him a lot if we just see from those facts. How should Mauro thank him.
 
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