WLD 4.65% 4.5¢ wellard limited

Ann: MV Ocean Outback Update, page-15

  1. 2,050 Posts.
    lightbulb Created with Sketch. 1
    Yes happy l,potential is great with the "demand" we all know that
    But stephenc raises very valid points about the business and balance sheet, you need to consider IMO, hence I didn't buy the IPO, I found those same alarm bells and my morgans bloke was trying to sell it like a salesman he had no clue of the points I raised. He was impatient so I bailed.
    He Kept asking for a "solid" commitment

    What is the margin per shipment? I Can't locate this
    I will probably read/monitor the first report before deciding.
    Sentiment is now none
 
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