Australia's largest stock trading and investment forum Australia's #1 stock forum

WFL

Click for more information

0.00%

0.3¢ wellfully limited

$700,000, page-2

First 2 Last

Share
Profile

Follow
BazTokyo

1,989 Posts.

120

14/10/16

13:34

Post #: 19863605
Share

Originally posted by rebel1 ↑

So let me get this right... 10 million shares worth approx $700,000 has caused the companies value to fall by around $15 million...
After the company announced the 2 patents granted we were high 7's.. The market already knew about the freebie shares to the directors and still put the price to high 7's.. But because some shareholders were unhappy about these shares and bombarded the company with emails, phone calls etc demands the board be replaced etc plus send in NO votes, they felt obliged to issue a shareholders letter and now we find ourselves sub 7c.

My question is this. If shareholders had just accepted what was proposed, and the patent announcement came out, and no shareholder letter was issued, do you think we would be sub 7c today?

Could it be that shareholders can be their own worst enemy?

What we need is an LBT lift off.....

I await the flaming replies

Expand

Oh boy - the Helsinki Effect

Blame yourself for the actions of others.....

OBJ Price at posting: 6.9¢ Sentiment: Hold Disclosure: Held
24 Upvote

0 Great analysis

Reply

Top Stories

Failure to report prompts ASX to impose multiple company suspensions

IRE

Iress runs 'hot' for Wealth Within's stock tips

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

RCE

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

There are more pages in this discussion • 54 more messages in this thread...

First 2 Last

Add WFL (ASX) to my watchlist

SPONSORED BY