WFL 0.00% 0.3¢ wellfully limited

Next announcement will be the start of a re-rate, page-37

  1. 802 Posts.
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    Oggy,

    There was a singluar large holder that became very disgruntled when the capital raising occurred at 5.7c.

    The Olay ASX banned annoucement was quite likely the final straw for the individual, as that is approximately when he started selling off.

    From the 22nd August through to the 13th of October he sold down, over 20M shares.

    He finalised selling out his holdings just prior the AGM meeting.

    His selling, almost single handedly bought the share price down over that time period.

    This decision for this indivual to sell has nothing to with Board Management.


    If you read my AGM notes, there is going to be additional Senior Management and Board Members added as soon as things start to fly.
    New Appointments will be made.

    I for one, know that this holder will have a massive regret for selling a holding of that size, in the very near term.

    With respect, you have seem rather agitated of late - just remember one individual being Pi55ed of with the timing of the cap raising last year, and the timing of OBJ's profitability and his investment not working to his time frames, is no reason to call for blood.


    As you were.

    Kiwi.
    Last edited by Blackiwi: 05/11/16
 
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