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.
Yes! The company is getting executives in order for further...
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Last
3.9¢ |
Change
-0.002(4.88%) |
Mkt cap ! $20.71M | |||
| Open | High | Low | Value | Volume |
| 4.1¢ | 4.1¢ | 3.9¢ | $10.09K | 257.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1001582 | 3.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.0¢ | 70606 | 1 |
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| Last trade - 14.49pm 05/07/2024 (20 minute delay) ? |
| WLD (ASX) Chart |