WLD 10.0% 3.6¢ wellard limited

Annual report, page-11

  1. 1,806 Posts.
    lightbulb Created with Sketch. 34
    need to figure out what the boats are actually worth, if they go into VA then the boats are the only asset if they are even fully paid for. I want to sell as well. The big share holders don't care, they will pick up the business when it goes bust, no one is buying or topping up holdings at these prices and if it keeps going down to like 5 cents good luck with a cap raise, as if anyone would give them a life line, so what that things are getting better now in the industry, they might not even make it to the end of the month at this rate.

    Do they even have cash to function at the moment ?
 
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