WLD 2.99% 6.9¢ wellard limited

Shall we vote "No" to resolution 5 (10% voting dilution)?, page-5

  1. 136 Posts.
    Cannot agree more,buddy.

    About Wellao in their annual report p7~p8
    "The deferral of capital-intensive
    infrastructure spending related to the development of Wellao
    (Wellard’s planned feedlot and
    abattoir in China) to better
    suit the slower than expected
    development of the Chinese
    market."

    I guess his only contribution to WLD is maybe he can keep the land of wellao for WLD without any development as long as he stay at current position. Do you expect a stock broker know anything about
    cattle market in China? That's why I really hope WLD could find another business partner who is really
    understand Chinese cattle market.
 
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