WLD 0.00% 4.7¢ wellard limited

Ann: AGM Chairman's Address, page-7

  1. 83 Posts.
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    I dont think you will have any meaningful answer from the Q&A part as the board has been very cautious about the future. In fact, no one probably knows the answer atm: domestic cattle price, negotiation with financiers and China JV performance are all unknown. Butt wants to quit as his original plan seems to fail but quoted price of 25C will keep him onboard for a while. I wonder how's the friendship going between Mr Butt and the Italian...

    The current SP is at the bottom and with little volume it shall stay around this price for a while. Big or small, all shareholders are stuck here and we can only wait for the 1st half year result. I removed the buy oder at 20c and decided to wait until the next announcement.
 
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