WML-ASX, page-12

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casa397

31 Posts.

01/04/18

10:50

Post #: 32157217
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Originally posted by skyscraper99 ↑

It did not open at 14
I was watching from start of trading.
Open means first trade.
Anyway not important.

What is important is what is next.
Management have not released an announcement of note as yet, not what i was told would happen before I/we signed

They have been listed for a month now and are yet to even update the market on what exploration is planned, where and when.

Funds raised are largely for exploration and to progress the company which of course is a mining company.
To grow shareholders wealth and simply it is time the directors told shareholders what they are actually doing. People do not give a company money to sit around doing nothing.

And surely we as shareholders, vendors, etc should expect after a month an update on what plan is in place.
Time is money as it costs money even if they do nothing due to director wages and fixed costs.

This listing process has actually been going for 18 months
I know as part of the vendor team for the lithium projects.
So don't think this is just a month old.
There has been due diligence done on lithium projects well over 12 months ago
The South Australian projects have a joint venture on a few of them but 8 lithium projects have had native title agreements and exploration licenses for quite some time.

So there should have been plans in place ready to be implemented before this listed.
Not saying there isn't but shareholders own the company and directors are or should be working for shareholders.

So I certainly expect a proper disclosure on what exploration is to happen and NOW.

If I were a director my priority would be to inform shareholders and work for shareholders and be accountable to shareholders.

If directors do not feel that way they should not be or deserve to be directors.

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Hi..would it be inappropriate (or necessary) for me as a shareholder to contact the secretary after Easter break to request some form of update or indication thereof.

It is possible I misunderstood the amount of 14c posted ..(probably a bid , bot a trade ....Think I have it bookmarked, and will check.

Have already replied scathingly to OnMarket last week after they offered me another IPO after my experience with the IPO/RTO of ARK/WML......and expressed very low opinion of same on social media!!

WML Price at posting: 16.0¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 0.3¢		Change 0.000(0.00%)		Mkt cap ! $5.416M

Open	High	Low	Value	Volume
0.2¢	0.3¢	0.2¢	$515	256.8K

Buyers (Bids)

No.	Vol.	Price($)
26	26976280	0.2¢

Sellers (Offers)

Price($)	Vol.	No.
0.3¢	31785535	22

View Market Depth

No.	Vol.	Price($)
26	26976280	0.002
30	100714898	0.001
0	0	0.000
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.003	31785535	22
0.004	15476657	13
0.005	9526578	6
0.006	10525265	3
0.007	4000000	1

Last trade - 15.24pm 06/11/2024 (20 minute delay)

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