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

WFL

Click for more information

0.00%

0.3¢ wellfully limited

Ann: Results of Annual General Meeting, page-14

First 14 Last

Share
Profile

Follow
BazTokyo

1,989 Posts.

120

28/11/22

21:40

Post #: 65036478
Share

Originally posted by hoofa: ↑

The emphasis/culture within this organization has always been focused internally.

Salaries/fees/consultancy/incentive shares/associated perks.

Edwards and his "revolutionary magnetic technology" has been around for years.

The result is a share price that is illiquid and currently is at .021 cents along with a company that has no cash and revenue equating to that of a corner deli.

PP is living off past corporate success when he was backed by millions/millions of dollars and a global marketing machine that was powerful. He is now in the real world of survival trying to use the same methodology. Different ball game.

When your emphasis is on finding the cash to keep the listing alive, the main focus is lost and the momentum of a company goes into survival mode. The board now seems to be a mish/mash of those hiding under the boardroom table, whilst PP endeavors to magically pull a rabbit out of the hat.

The only thing of value from this company at the moment is the ASX listing. All the other stuff is just old recycled concepts with fancy window dressing.

IMO

Expand

Maybe they can sell WFL shell. Same way OBJ got it’s name.

WFL Price at posting: 1.9¢ Sentiment: Sell Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

NTI

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

BUX

Buxton projects new graphite province discovery at WA Narryer play

SLS

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

CKA

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

RCE

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

BCI

BCI reaches close of funding facility for salt-first part of Mardie project

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

WCN

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

There are more pages in this discussion • 61 more messages in this thread...

First 14 Last

Add WFL (ASX) to my watchlist