WSI 3.85% 13.5¢ weststar industrial limited

Well, to be honest, this quarter was slightly below my...

  1. 896 Posts.
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    Well, to be honest, this quarter was slightly below my expectations. The effects of the bumper June 2019 quarter still linger in terms of cashflow.

    Perhaps next quarter will be cashflow positive but that's three months wait! Given all the free shares issued recently (as approved at the AGM) I expect the half-year report due in around a month's time to technically have a large loss, although the underlying numbers will be fine.

    I also don't like the way this has traded the past week, huge props (fake bids) all through the depth trying to pump it up to sell and first time posters suddenly appearing here on HotCopper saying the stock is going "to the moon". So a few red flags there and thus I have been forced to slightly reduce my position here for the time being.

    Am I the only one that finds it slightly frustrating the company didn't announce the delay to the Alltype acquisition completion until a week after we all expected it was done?!
 
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13.5¢
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13.0¢ 13.5¢ 13.0¢ $19.53K 146.2K

Buyers (Bids)

No. Vol. Price($)
1 119148 13.0¢
 

Sellers (Offers)

Price($) Vol. No.
13.5¢ 4149 1
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Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
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