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1.49% 6.8¢ wellard limited

Wellard discussion, page-6

  1. gordon_gecko
    581 Posts.
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    11/08/16
    14:38
    Post #: 18495819
    If it was 18-20 then I do not understand why there is such a long delay. My view is management are desperately trying to validate a particular number to overcome a dramatic write-down.

    There could be another issue I did not specify but alluded to is the write-down of the WGH Holdings Pty Ltd $15mil as they are not able to pay it.
    WLD Price at posting: 40.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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