In fact I see WNB having annualised revenues of around $20m plus.
If they can cut costs it is a no brainer. Either that or grow revenues exponentially to far outweigh costs.
Imo they really need to get active in the social media space and in advertising their products and get things moving during this summer period!
With an $EV of $2m it has room to do many bags from these levels but they must be pro-active imo.
Ann: Change in substantial holding, page-31
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