WWG wiseway group limited

Capital is always required for expansion and running costs. i...

  1. 921 Posts.
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    Capital is always required for expansion and running costs. i was fearing worse news and a Larger CR.

    This one is at 17c and is underwritten by the Tong family ( the management and original owners).I doubt after the Raise that the Share price will fall further.
    Good to know and a bit reassuring that the family has deep pockets and lots of skin in the game, especially For such emergency cases such as this,
    Surely they have no interest in diluting and adding unnecessary shares to the register.

    Wish Management all the best, surely not an easy business to run logistically speaking, with lots of moving parts and is spread
    All around the world.

    All up i believe total shares will be under 170 million. hopefully, in a few years, WWG will be able to reward SH with a small Div
    Fewer shares on the registry make it easier to pay meaningful DIV.





    Last edited by afterlife: 17/05/22
 
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