WJA 0.00% 14.8¢ wameja limited

Ann: HomeSend Accounts FY2019, page-3

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  1. 586 Posts.
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    The shares have been rising on the LSX and are 5.75p which is 11.15 Aust cents. Currently, at 9.5c they are 17% cheaper here.
    I think the latest growth figures have given the UK punters a little more confidence, like most companies they got wacked down in March and those that haven't been shut down have recovered in share price a little since then.
    I think I saw that 85% of the shares are held on the London register so with more volume there they get more interest and coverage by brokers compared to here.
    While WJA show losses, I'm guessing these are due to the expansion which will hopefully result in profits.
    That is what I am punting on. I feel confident but not overly so.
    Looking at the AGM notice resolution 4 gives me the feeling they are going to rattle the can again which leads me to deduce me they are not expecting to be profitable soon......... if ever.
    Good luck.
 
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