WFL 0.00% 0.3¢ wellfully limited

dazed and confused

  1. 1,840 Posts.
    lightbulb Created with Sketch. 33
    can anyone shed any light on why this stock's sp has fallen so low? I can think of the following positives:

    1. record MIS sales for last year;
    2. long term NSW timber supply agreement underpins Bombala plant expansion and growth;
    3. Visy deal for pulp supply;
    4. cellulosic plant should add value in a year or two;
    5. dividend of 10c means a 20% yield.

    seems like a safe investment. i know other timber companies have been savaged but this one appears strong and well managed.

    have i missed something?

    dazed and confused.
 
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