WRR 0.00% 16.0¢ world reach limited

beam update coming

  1. 237 Posts.
    Michael Capocchi's (CEO) response to my request for more information:

    "
    I just wanted to touch base and let you know that we have reviewed all the comments provided by yourselves and others over the past week and we are currently in the process of working on a further market update with some more detailed information on the current status of the company as well as highlighting the key points from the previous release. As part of the review process we have agreed to separate our the future 4C and any updates that we release to ensure the update gets the focus as has been suggested.

    The plan is to have an update providing some further clarification to the market in the next two weeks, then we will engage the services PR services to work with us on the future releases and some of the issues you raised are quite valid and we do plan to take all the feedback into consideration as much as possible.

    I appreciate the support and feedback that you have given and I do trust that you will find the future updates more informative whilst still working within the boundaries we must operate within.

    Please be assured that we have every shareholders interests in mind as we rebuild this company for long term success.
    "
    .

    The marketing of WRR and informative detailed updates including core financial figures relating to Beam are key to getting this SP back on track - once investors realise the future earnings realtive to the micro market cap, and brokers buy the story we will see some value return. It sounds like Michael and Tony (chairman) understand they need to do more than let market forces control the price and need to be more transparent.

    I look forward to the update.
 
watchlist Created with Sketch. Add WRR (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.