WR1 4.17% 57.5¢ winsome resources limited

Ann: Investor Presentation, page-126

  1. 1,692 Posts.
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    Who's to say I haven't in a previous life. In any event, my view is that WR1 is not being run as efficiently as it can be. Admittedly, it's not easy running a public company that is not a lifestyle one (there are many of those on the ASX!). When they hit with Jamar 005, I don't think WR1 were prepared nor equipped to handle what was before them. IMHO they got sidetracked by the bucket shop spivs and spin doctors who pitched fantasy to them. Consequently, you have inefficiency when you don't prioritise your attention on the main task at hand. The one thing that was done right though was the identification that they needed new leadership to tackle what they were being confronted with. Hopefully the new Chairman can steady things and finally get this company moving forward with efficient force. Yesterday's announcement didn't have the usual dyslexic stuff ups we've grown to expect and love. I'd like to think that this is a direct result of the new Chairman's oversight. Give the new Chairman a bit more time to stamp his imprimatur, and then I'm sure we'll see WR1 really make some moves.





 
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