WFL 0.00% 0.3¢ wellfully limited

Agree CMK. Have been saying this for ages. The 4D or C's would...

  1. 1,942 Posts.
    Agree CMK.
    Have been saying this for ages. The 4D or C's would be known one or two days into the month. Why they string it out to the last days of the month is kind of strange. It's not as it OBJ is BHP or anything with complex cashflows etc.
    Not expecting any material news in the 4D as if there was it would be announced immediately.
    The BOD really cannot expect any new PS issued after the last attempt because if we don't know what great things they are doing then they cannot expect to get anything or shareholder approval. It's a two edge sword....we live in darkness and their share remunerations are not happening. Its bad luck for us and bad luck for them.
    If any further new PS attempts happen their MUST be at least a 15-20 cent conditional hurdle of any criteria as a start. HAS to be based on SP in the future. Otherwise issuing free shares with a falling SP hence diluting company is a win for BOD and a big loss for SH. Why invest in such a gravy train.
    Anyway my rant for the week.
    Expecting BOD have a few big ones to reveal soon..... calm before the storm.
    GLTA
 
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