Australia's largest stock trading and investment forum Australia's #1 stock forum

YOW

Click for more information

0.00%

2.5¢ yowie group ltd

Angry Shareholders - not Angry Birds, page-20

First 20 Last

Share
Profile

Follow
baliboy

3,022 Posts.

117

06/04/16

07:57

Post #: 17431474
Share

Originally posted by rtswa ↑

So, I've had the opportunity to read through the ASX Announcement regarding the Litigation.

"The current situation and Mr. Whetstone’s response reaffirms the Board’s strategy and decision to seek an alternate manufacturing supplier in the early stages of the Company’s life cycle. The Company expected and is well prepared to go to trial and has planned for this outcome. Legal opinion was extensively reviewed before taking action to enter into manufacturing arrangements with MCC and to develop the new Yowie capsule design. The Board remains confident of its decision in relation to both issues. Responding to Mr. Whetstone’s legal challenge will not impact day-to-day business operations."

I am completely satisfied with this. All other shareholders should be too.

Expand

Me too,and will be buying some more today.If you have a look at yesterdays course of sales you can see the bots started at 10:09am and continued all day to drive the price down and shake out the weak hands.

YOW Price at posting: 57.0¢ Sentiment: Buy Disclosure: Held
4 Upvote

Reply

Top Stories

Aussie inflation seemingly hit a 3 year low. So why's the ASX200 red?

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

Making money: How many microcaps should be in an investor's portfolio?

The Altcoin Landscape (Part 1): Key alternative cryptocurrencies to watch

Bitcoin hits fresh record as instos pile into BTC ETFs – and Trump helps, too

First 20 Last

Add YOW (ASX) to my watchlist