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17.4%

1.9¢ wellard limited

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stephcn

403 Posts.

05/08/16

11:07

Post #: 18451839
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Originally posted by andy_haha ↑

Hi Edisonwanxin,
Just my personal feeling,
We are not fighting with the business, nor fighting with the share price. We are simply fighting with incompetent accounting department of WLD.
If they even don't understand the meaning of inco term and to make their revenue recognition policy, I will highly recommend the company to find other highly experienced and competent accountants to replace the existing one.
At 10/06 and 16/06 they have two chances to make their forecast right, but they still did not and relied on the 6 shipments that could not be recognized in FY16.
Though I will not sell the stock because from the business perspective it still goes alright.
Thank you for your information again! You always provide useful information to our share holders here.

Cheers
Andy

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I think they hired a new CFO to do the job one month ago. I hope this CFO can do better than the previous one.

WLD Price at posting: 40.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 1.9¢		Change -0.004(17.4%)		Mkt cap ! $10.09M

Open	High	Low	Value	Volume
2.3¢	2.3¢	1.8¢	$16.67K	833.8K

Buyers (Bids)

No.	Vol.	Price($)
2	155117	1.8¢

Sellers (Offers)

Price($)	Vol.	No.
2.1¢	62718	1

View Market Depth

No.	Vol.	Price($)
2	155117	0.018
1	62500	0.016
3	1232666	0.015
1	50000	0.014
1	70000	0.012

Price($)	Vol.	No.
0.021	62718	1
0.023	453450	1
0.024	320127	3
0.026	90757	1
0.030	100000	1

Last trade - 10.52am 06/06/2024 (20 minute delay)

WLD (ASX) Chart