WOA 2.86% 1.8¢ wide open agriculture ltd

Ann: Prospectus, page-9

  1. 181 Posts.
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    WOA paid AUD4.2m for ProLupin in Germany just back in October 2023 which itself failed at the exact same thing WOA now seem to think they can generate them millions from, making them hero's lol. It will fail too repeating the same thing, as if the Germans couldn't do it what chance do these muppets have.

    I would say given the mismanagement, sales prospects, still a big risk of administration and the value of the only remaining asset in Germany, this should not have an market cap larger than $3m until substantial evidence of demand and if the sales pipeline conversion happens, even then, shareholders must ask where the cash will come from to fund their losses for years and years to come until profitable.
 
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