WFL 0.00% 0.3¢ wellfully limited

Ann: Appendix 4D 31 December 2018, page-49

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  1. HK1
    590 Posts.
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    I am going to have to disagree with your 4C number calculation.  You just can't calculate the March 4C revenue from the H1 accounts.  Sure, you can give a broad estimate, with all things being similar to prior periods, but if the 4C revenue comes in close to your number it will be by coincidence.  For what its worth I would think the 4C revenue will be $600k-$800k.  It could change significantly if the R&D payment comes in.

    Yes, investing is partly art.  But having the right numbers is important. Yes, I sold out in October 2017 (@3.5c, this is my post when I exited, for those interested) after just being left frustrated and concerned for too long.  I check back occasionally to see what is happening and read the accounts.  Don't forget, they said it would be cashflow positive in Q1 of 2018.  Didn't happen.  I am still not sure what will happen with OBJ, but I am still very concerned if they will ever reach $2m in revenue per quarter.
    Last edited by HK1: Just added a bit more. 01/03/19
 
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