Losing 1% of its plantations to bushfires isn't good, but given that they were only planted in the last year or two that's hardly much of a blow. So this hardly warrants a 40% drop in the share price.
The travails of Timbercorp and Great Southern are obviously a worry, but there's nothing new there. And the need to roll-over, exchange, or pay out the $40 million worth of PINES in September is a concern, but that's been known about for some time.
Perhaps the bushfires have made investors worried about the _potential_ risk to WFL plantations. Perhaps increasing concerns about the general economy make 2010 MIS sales a concern.
- Forums
- ASX - By Stock
- WFL
- dazed and confused
dazed and confused, page-2
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WFL (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.478M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
WFL (ASX) Chart |
Day chart unavailable