WFL 0.00% 0.3¢ wellfully limited

Deliberate., page-3

  1. 12,712 Posts.
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    Valued on annual profits alone, sp should be 0.1c. But that would mean 80% of all ASX listed stocks should be valued at 0.1c, including some ASX 200 stocks. Therefore, profits alone aren't the only base to value a stock. OBJ's IP could be worth billions if implemented in 100s., 1000s of products. So far we just got 2 with more already confirmed to come early 2019. Royalty stream will grow, that's for sure but it may take a few months to be reported. Until then we see the sp hovering around 2c or even lower. BIT for example was unwanted too but just one anns changed everything. IMU is on the brink of becoming the first comp to take several cancer preventing and fighting vaxxs to the market and yet, still unloved.


    Give management the time to monetize the IP and at the first sign of $$$$ the market will be buying like crazy. Could happen next week already, highly likely in January but definitely by April's 4C. P&G get their daily sales worldwide updated daily, therefore royalties should be updated quickly as well. Let's assume a payment delay by 3 months, current sales should be reflected in January or worst case, April.  


    To buy low someone needs to offer them low, currently some are doing right that. It's anyone's decision to take advantage of it or to speculate on an even lower sp. I bought, buy from 2.2c in 100.000 share lots down at each level. Time will tell whether smart or stupid.


    GLTA

 
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