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0.00% 0.3¢ wellfully limited

Ann: Notice of General Meeting, page-166

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  1. KZxs7
    173 Posts.
    lightbulb Created with Sketch. 8
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    03/02/20
    07:42
    Post #: 42706671
    Vote yes and we will have,
    Wellfully limited.
    Share diluting X 4 (negative )
    Shares on isseue - 300mill plus
    Directors holds around 60%
    Revenue - $37mil
    EBITDA 10mill
    Operate in 500mill protein powder market in Aus & NZ
    Own distribution chanel,
    Pipeline REDUIT, BODYGUARD etc..
    Royalty $2mill from P&G
    Market Cap ?

    Vote no and we will have,
    Wellfully ltd
    Shares on issue 90mill
    Top 20 holds around 20%
    Royalty $2mill from P&G
    Cap raise ? $8mill per quarter? for immediate working capital and cost of pipeline products. Distribution globally, marketing Guessing it will take 18 months or more to break even.
    Pipeline of Reduit, bodyguard etc..
    Market Cap?




    OBJ Price at posting: 1.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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