WFL 0.00% 0.3¢ wellfully limited

price reaction tomorrow!, page-8

  1. 763 Posts.
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    Let's consider who will have read the presentation announcement. Hotcopper members, other forum members, interested shareholders etc. The presentation may prompt existing shareholders to accumulate more, but there is no reason to expect other retail/mum&dad investors to buy tomorrow and cause the price to rise, as they would be oblivious to the presentation announcement. Insto's will need time to research the details and make an informed decision, so I don't they will be buying tomorrow either.

    I don't expect any significant shareprice appreciation tomorrow, in fact, it would not surprise me if the shareprice actually falls. I'd be very happy to be proven wrong though...
 
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