Jay Albany presentation on Bell Potter conference, page-12

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RAD02

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21/06/23

11:50

Post #: 68396485
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Originally posted by Oatmilk1: ↑

Its easy to say Jay is far too optimistic, but that's the game. If he isn't optimistic, excited etc then he isn't fulfilling his role. If you can provide the time during the video where he admits he is giving away everything that would be great as I never heard it anywhere. I think you are trying to interpret something - so atleast give that basis.

His explanation again regarding the reasons to look at a strategic partner are sound and make sense - derisking is super important. He isnt an idiot and knows a dollar spent now is possibly one more dollar to raise later on. At the moment everyone is speculating (me included). First part of judgement will be if an announcement is made within the next 9 days, what details are in the announcement and this trading halt is lifted.

I think your capital raise statements are pretty negative when we don't know the whole picture of this partnership. I would speculate there is some chance a partner may want to have a stake in the game if they see the promise of this, but again, only time will tell.

As I have said before, for me its still a hold (I cant sell or buy right atm anyway with it being in a trading halt). I see the potential benefits and opportunities for WOA to be a money maker, but I am also aware this could turn pear shape. I would rather buy more shares in 6 months time for a higher price with more clarity on the possibility of success. Good luck all.

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Watched this morning's presentation by Jay https://www.meetup.com/morning-startup-perth/events/293755607/ on the ups and downs of start ups, with a focus on WOA. Was interesting to hear about underestimating the competition in the oatmilk market, the lessons learnt from premature announcements and early disclosure, the East Coast and Sanitarium challenges.

I'd be interested to learn about more about the type and depth of investment by the European foundations as well Government engagement, forward grant opportunities and alignment with government investment priorities.

Like everyone, just waiting for the announcement and cessasation in trading halt. I am still keen to buy more over the next 24 months during the scale up phase at current rate.

WOA Price at posting: 32.5¢ Sentiment: Buy Disclosure: Held
3 Upvote

1 Great analysis

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