Agree the cash reserve will be deployed in order to build a Profit reserve that will push up our NTA and in turn our share price. This will take a few years to play out. Until we see a Share price above NTA I don't expect to see Cr raise as the last thing Geoff would like to see is dilution as he has a lot of skin in this game. Most of Geoff's Lic have taken time to get the SP above NTA and WMA will follow the same course over time.
All the best
FireflyOne
The writer's opinions are his own and do not constitute financial advice in any ways.Nothing here constitutes an investment recommendation nor should anything written here or published by myself be relied upon for any investment activities.I strongly recommend that you perform your own independent research and/or speak with a qualified investment professional before making any financial decisions.
WMA Price at posting:
94.0¢ Sentiment: Buy Disclosure: Held
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