Yes! The company is getting executives in order for further growth. Wellard has now had a number of positives but still the SP languishes. Understandable given significant decline since IPO, given negative events and delayed reporting to ASX/investors on occasion. So instos are very wary.
Nevertheless, I'd expect a re-rating at sometime. However, realistically a positive re-rating may not occur until next reporting season, where financials are revealed. Evidence called for now, not just good news, business strategy changes/gains, or new management team members.
For me, I will buy on lows during the current period rather wait for financial gains to manifest into higher SP in the next period.
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Last
4.6¢ |
Change
0.002(4.55%) |
Mkt cap ! $24.43M |
Open | High | Low | Value | Volume |
4.5¢ | 4.6¢ | 4.5¢ | $2.145K | 47.39K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 544000 | 4.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.7¢ | 113500 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 544000 | 0.044 |
2 | 200000 | 0.043 |
1 | 92999 | 0.042 |
1 | 70676 | 0.041 |
1 | 20000 | 0.040 |
Price($) | Vol. | No. |
---|---|---|
0.047 | 113500 | 2 |
0.048 | 1835722 | 1 |
0.055 | 80200 | 1 |
0.060 | 17864 | 1 |
0.064 | 26114 | 1 |
Last trade - 13.44pm 06/09/2024 (20 minute delay) ? |
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