WAL wavenet international limited

I bought in last week or so having watched this thing collapse....

  1. nk
    3,203 Posts.
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    I bought in last week or so having watched this thing collapse. Not often you can buy a stock for less than cash backing. Sorry to the punter who was forced to sell to me

    I assume that we wont see anything interesting until next year esp re the European sales. That got me interested because selling in Euros beats selling in US$ right now

    I really dont understabd the business that much , but couldn't resist getting in knowing that a microcap can give you big returns if the business model works and grows

    so I would be grateful for your comments deardrphil to reassure me that I made a good choice. I love backing Ozzie coys that are trying to crack the export markets

    If you can ask management why thy sit on so much cash

    Thanks
 
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