WZR 3.13% 3.1¢ wisr limited

Massive opportunity cost, page-212

  1. 5,320 Posts.
    lightbulb Created with Sketch. 865
    So just to be clear, you have a problem with a company spending around $16,000,000 of $58,000,000 it holds in cash to buy back the 200,000,000 shares it issued last year and be left still with $42,000,000 in cash and be $34,000,000 better off than it was pre-raise, as well as now pretty much profitable with the same shares on issue in May 2021?

    You don't think this would restore a bit of credibility to the story? Help repair the damage done to shareholders opinions of management? Or get this stock back to fair value maybe?
 
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