WLD
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0.00% 3.7¢ wellard limited

Board membership by Kanda Lu is likely will bring improved...

  1. cheplan
    292 Posts.
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    04/04/17
    09:51
    Post #: 23834487
    Board membership by Kanda Lu is likely will bring improved knowledge of China market and negotiation with local networks in that market.

    I was uncertain as to the reason Wellard are to buy 50% of Wellao from Fulida. Intially, this suggested a separation from Wellard by Fulida. However, two factors mitigate this concern for me: 1) Fulida share holding will increase after placement and share entitlement and 2) Kanda Lu's position on the board.
    WLD Price at posting: 22.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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