This is interesting. Standard listing rule allows for 15% placement capacity. Resolution 5 requests approval for an ADDITIONAL 10% placement facility. So total of 25%.
Why would they want that much? Working capacity again! Is it just reasoned planning given market conditions (difficult 2017 year, albeit some improvement and initial but small orders to China). Alternatively, is it (the additional placement) a sign of going concern issue.
WLD Price at posting:
13.5¢ Sentiment: None Disclosure: Not Held
