WFE 0.00% 2.4¢ winmar resources limited

The more i think about it. The more i like this acq. My biggest...

  1. 239 Posts.
    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
 
watchlist Created with Sketch. Add WFE (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.