Ann: Change in substantial holding-WLD.AX, page-98

Gosh, what a drop!   I'm in a dilemma now.  Is now an opportunity or calamity?   

In the opportunity side, business has long standing history (core competence is present), fundamentals are alright, and future is positive (market size, reach and growth;  seasonal beef mitigation because Wellard purchases from multiple livestock regions).

On the downside, SP falling horrifically since IPO, people dumping a lot of shares,  many individuals and instos have lost much of their capital, and negative market sentiment about WLD may take a long time to recover.  Thus, SP likely to be suppressed until significant and repeated evidence of profit growth realization and sustainability.

Conclusion:  If I buy now, I'll probably have to wait several years for SP recovery.