Australia's largest stock trading and investment forum Australia's #1 stock forum

WOA

Click for more information

0.00%

1.2¢ wide open agriculture ltd

Ann: Reinstatement to Quotation, page-17

First 17 Last

Share
Profile

Follow
Torbreck

12,643 Posts.

527

19/10/23

16:28

Post #: 70431673
Share

Originally posted by Norfolk101 ↑

100% a major factor. I'm getting out for the following reasons:
1. It could be halted again at any point with their announcements (obviously on the ASX radar) as I can't see any improvements in management performance.
2. Prolupin is rubbish, it's a failed lupin company in liquidation and they just bought some idle assets. How are some WA yokels that were suspended for 6.5 months going to run something in Europe AND make a case for lupin that the Germans couldn't?!
3. With the purchase of Prolupin assets for 4.2m cash, they'll be raising the same amount if not more again in a quarter. Remember they're burning ~5m a quarter now, and that's without this acquisition so add more OPEX costs now in EURO's
4. Buntine/Lupin protein still has no customers or a commercial reality now after 2 years....if it was so great post R&D and with the copious pilot plant samples, then where is any revenue from it by now. If Saputo don't agree to buy something/anything in December then that's it really.

All the best to those with a thicker skin and more to risk!

Expand

They bought this plant for the Buntine protein, not the lupin.

WOA Price at posting: 17.0¢ Sentiment: Buy Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

AHK

Ark Mines provides strategic update following mining lease submission

LU7

The Breakdown: Lithium Universe talks refinery design and lithium processing in strong preliminary feasibility study for Bécancour

STK

Rogozna grows with gold equivalent grading 1.1g/t across 545.7m for Strickland

TTT

Titomic jumps +6% as it incorporates Microsoft Hololens tech

RCE

Recce progresses testing of gel to treat bacterial skin infections

There are more pages in this discussion • 8 more messages in this thread...

First 17 Last

Add WOA (ASX) to my watchlist

(20min delay)
Last 1.2¢		Change 0.000(0.00%)		Mkt cap ! $6.404M

Open	High	Low	Value	Volume
1.2¢	1.2¢	1.1¢	$7.433K	619.9K

Buyers (Bids)

No.	Vol.	Price($)
7	2036740	1.1¢

Sellers (Offers)

Price($)	Vol.	No.
1.2¢	687214	1

View Market Depth

No.	Vol.	Price($)
7	2036740	0.011
5	627908	0.010
2	488000	0.009
2	270000	0.008
1	200000	0.007

Price($)	Vol.	No.
0.012	687214	1
0.013	749999	2
0.015	750000	2
0.019	163000	1
0.020	175000	1

Last trade - 15.50pm 09/10/2024 (20 minute delay)

WOA (ASX) Chart

SPONSORED BY