WLD 0.00% 4.5¢ wellard limited

If they sell one or a few boats I think the sp will really...

  1. 348 Posts.
    If they sell one or a few boats I think the sp will really quickly as there will be no need for a CR.

    It's a positive announcement, it appears traders are holding back in case they don't sell any ships and announce a CR...

    You see if current cash combined with a sale of even one boat would carry them over for perhaps another 12 months.... by this time next year I expect margins may have already improved somewhat with the market expecting further margin improvement. As such, the share price should be at least in the mid 30's which would be a better time to raise equity as it's less dilutional.
 
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1 322520 4.4¢
 

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Price($) Vol. No.
4.5¢ 277760 1
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