Hey friendly! You really should stay out of the predicting game.
On 24 January 2018 you said “Class action almost guaranteed”.
Still waiting.
On 3 October 2017 you said: “And in any case, even if right now it was an NTA play (which it isn't), in six months it wouldn't be, because they're torching cash hand over fist.”
And Wellard made $2m in profit before accounting depreciation and increasing GP by 55% to $25m last half. It also reduced net debt by $23m.
On 19 September 2017 you said: “More like, someone in China has signed something that says they maybe might possibly at some point take 2000 head, if and when they pay a deposit and show they are good for the cost” and on 3 October you said “That China contract isn't yet worth the paper it's written on, BTW”
And Wellard successfully completed that shipment with positive customer feedback and has followed up with a 10,000 head shipment (Uruguay to China)
WLD Price at posting:
14.5¢ Sentiment: Buy Disclosure: Held
