IF WFE supply the September 2019 quarterly appendix 5B, which is due soon! It will (should) give an idea of how things are being paid for or if any work is being done. If they don’t supply one, holders, in my opinion should be VERY concerned. If they do supply one then we will all know very basically what’s going on with WFE’s finances.
The purpose of a cash flow quarterly is to show HOW a company is paying it’s bills etc.
Note 1- from a 5B
“1. The quarterly report provides a basis for informing the market how the entity’s activities have been financed for the past quarter
and the effect on its cash position. An entity that wishes to disclose additional information is encouraged to do so, in a note or notes included in or attached to this report.”
WFE Price at posting:
2.4¢ Sentiment: None Disclosure: Not Held
