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

WFE

Click for more information

0.00%

2.4¢ winmar resources limited

Ann: YOU Australia Investor Presentation, page-10

First 10 Last

Share
Profile

Follow
SelmaBouvier

3,809 Posts.

10

06/03/16

08:35

Post #: 17199406
Share

Originally posted by BHO ↑

Need to know more, more info has to be released about what it can and can't do.

Mou looked too much dilution, not convinced yet to buy in.

Expand

Lots of tech spec stocks jump without further info - ODN - from .004 to 04 to current .02 and yet still no terms made public. I'm glad I spotted this. I'm after more before it moves. This has multi-bag potential for sure.

Originally posted by nodachi ↑

The more i think about it. The more i like this acq.
My biggest worry when i was selling stuff back to china is the fund turn over.
Chinese buyer will pay me in chinese RMB in our china bank account. Once a month we will transfer the funds back to our aussie bank account with a fee. (Not too much). It will take about 3- 5 business days for the fund to clear so timing is everything when we need to restock.
Imagine with YOU been more and more popular. I could think that if i were still in the business, the risk of fund liquidity is greatly reduce and i could actully push for more business due the the quick payment turn around time.
Buy time

Expand

Thanks nodachi - for the insights. I can see it is going to be game-changing.

WFE Price at posting: 0.2¢ Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

Reply

Top Stories

Trimmed CPI figure provokes market jump of 1%, but inflation pressures remain a reality

MYE

Grosvenor mine fire takes another scalp as Metarock's 168-person presence on-site suspended by Anglo

MRC

Mineral Commodities to shut down Tormin mineral sands project as oil spill contaminates beach

MGU

New results confirm Buena Vista's iron grades potential

KOB

Koba, formerly a cobalt player, gears up to become newest explorer in the uranium state: South Australia

There are more pages in this discussion • 21 more messages in this thread...

First 10 Last

Add WFE (ASX) to my watchlist