WFL 0.00% 0.3¢ wellfully limited

is 10c on the cards, page-37

  1. 1,136 Posts.
    10c is an outside possibility. The volume and $$ that would go through would have to be phenomenal. If there are delays in the 3M Ann. No guessing where the SP is headed.

    Will there be $$ in the 3M ann? I have my doubts....3M might not want to offer a value on an item before they have a chance to bid on its rights...They are big company for one reason, they know how to acquire assets and at the right price. If 3M want the rights to the product they will want to pay as little as possible and if the share price goes beyond their recognition of a fair value in association to the product, then they will move on to the next best up coming product in a heart beat.

    The thing that many small company Dir's try to achieve is a take over. Why? imagine if they tried flogging their stock on market. People are in business for the better part of one reason... $$$$.... A take over is the best way for Dir's to get their money out of a company....Dir's move on to make another company and try to repeat the process.

    If 3M assessment comes back positive they may indicate ( via a technical draft of what, where and how the product will move) their interest in the product... The NPAT is vital to OBJ and the SP of course.

    Been wrong before.... Doesn't bother me, already made a nice quid on OBJ.
    Hope you new holders can too. Will probably pick up a small parcel this week on the sell off from anticipation traders playing it safe.

    GL

 
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