Long term this is better news for WHA. I have stated many times they are better off just with the spray drying plant and being a producer of raw materials for white label infant formula.
They have enough cash on hand to hopefully finish the spray plant off. Sell little innocents & all other bits, discontinue Uganic etc.
Management have done a great job at milking shareholders and collect nice salaries each month.
Will be tough for this stock to ever trade again but hope for retail shareholders it does, but it will be ugly. Expect it to trade at around 5 cents at that’s being generous
Ann: Update on B&P Transaction, page-13
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Last
69.5¢ |
Change
0.085(13.9%) |
Mkt cap ! $19.48M | |||
| Open | High | Low | Value | Volume |
| 63.0¢ | 69.5¢ | 63.0¢ | $4.561K | 6.98K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1361 | 62.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 69.5¢ | 4512 | 1 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| WNX (ASX) Chart |