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1.56%

6.5¢ wellard limited

Ann: Change in substantial holding-WLD.AX, page-100

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Adrian_1982

754 Posts.

19

03/06/16

11:38

Post #: 17943150
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Originally posted by cheplan ↑

Gosh, what a drop! I'm in a dilemma now. Is now an opportunity or calamity?

In the opportunity side, business has long standing history (core competence is present), fundamentals are alright, and future is positive (market size, reach and growth; seasonal beef mitigation because Wellard purchases from multiple livestock regions).

On the downside, SP falling horrifically since IPO, people dumping a lot of shares, many individuals and instos have lost much of their capital, and negative market sentiment about WLD may take a long time to recover. Thus, SP likely to be suppressed until significant and repeated evidence of profit growth realization and sustainability.

Conclusion: If I buy now, I'll probably have to wait several years for SP recovery.

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So if you buy now at 60c, you think it will take 2 years to get back to 65-70c?

WLD Price at posting: 60.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 6.5¢		Change 0.001(1.56%)		Mkt cap ! $34.53M

Open	High	Low	Value	Volume
6.6¢	6.6¢	6.5¢	$118	1.802K

Buyers (Bids)

No.	Vol.	Price($)
1	134212	6.4¢

Sellers (Offers)

Price($)	Vol.	No.
6.7¢	40000	1

View Market Depth

No.	Vol.	Price($)
1	134212	0.064
1	100000	0.063
2	111000	0.061
1	9300	0.054
1	33366	0.030

Price($)	Vol.	No.
0.067	40000	1
0.069	13018	2
0.070	80000	1
0.072	40661	2
0.073	20000	1

Last trade - 10.54am 09/10/2024 (20 minute delay)

WLD (ASX) Chart

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