Australia's largest stock trading and investment forum Australia's #1 stock forum

WFL

Click for more information

0.00%

0.3¢ wellfully limited

did you have to be a sophisticated investor to participate in...

First 181 Last

Share
Profile

Follow
bubsmark

10,537 Posts.

571

09/08/20

21:23

Post #: 46411916
Share

Originally posted by timbin4 ↑

Long time holder (small holding).
I too contacted OBJ directly a couple of weeks back (email) to show interest in the shortfall. Jeff put me in touch with John (Secretary) and John put me touch with CPS directly (after a gentle nudge from me on Thursday). They reached out to me via email on Thursday morning and over a series of emails communications that day I was able to sign up for the shortfall and put through my payment.
From the comms I received from OBJ & CPS the shortfall had a lot of interest and you had to have signed up to it with CPS by Thursday (payment made by the 11th).
It is one of those cases where you had to be proactive to get involved, and it was refreshing to still be able to participate (albeit on a small scale).

Due to the lack of transparency with their financials and deals and lots of new products coming online it is a little hard to value.
But from what I have read and researched, I feel it will relist around the 11-13c mark (for those wondering that is 60% lower than its last traded price back in 2019 30c - post consolidation).

Expand

did you have to be a sophisticated investor to participate in the shortfall?

OBJ Price at posting: 1.2¢ Sentiment: None Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

PYC

PYC achieves key designation for drug aiming to treat blinding eye disease ADOA

CCO

The Calmer Co’s Anthony Noble reflects on record breaking FY24

TBN

Tamboran kicks off Shenandoah South pilot project with SS-2H well spud

HVN

Consumers cautious according to Harvey Norman, as profit slumps 35% in FY24

CYM

WA Nifty copper project steps closer to restart with Cyprium Metals inking $40M loan from Glencore

VYS

Vysarn acquires Waste Water Services Pty Ltd for $7.5M; WWS to become subsidiary as expansion continues

LLC

Lendlease sells off US east coast construction operations in latest global divestment push

Week 35 Wrap: HotCopper’s top watched; ‘iron ore winter’ has started; Oz inflation @ 3.5% MoM; Harris fracking flip

Consumer Staples Shine Amid Retail Slump – Key Stocks to Watch

HLX

Helix investor makes partial takeover bid, proposing board changes

There are more pages in this discussion • 10 more messages in this thread...

First 181 Last

Add WFL (ASX) to my watchlist

SPONSORED BY