WFL 0.00% 0.3¢ wellfully limited

Well done Steve Schapera, page-64

  1. 5,382 Posts.
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    It does seem a bit pointless to keep asking if there will be a cr. The only way to know is to look at the 4c and work out cash left v burn rate. After many years begging the same question of many companies i finally realised the only warning of a cr will always be trading halt. To foreguess must be done by looking at financials yourself.
    If a director ever stated in advance a cr was planned that would jus t cause price to dive and wherever it fell to would be the cr price plus 10-20% discount. Is that what we want.
 
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