WFL 0.00% 0.3¢ wellfully limited

Here is the way I see it: A "sophisticated investor" gets his...

  1. 214 Posts.
    lightbulb Created with Sketch. 3
    Here is the way I see it:

    A "sophisticated investor" gets his fill at ~5.5 cents. YES
    Retail punters maybe thrown a bone or two at similar prices. YES
    Bodyguard is announced as an astounding success. YES
    More plans , more meetings , more disruptive tech announced YES
    Some PG or GSK bloke quoted as saying "this is the Australian startup with the most innovative products" YES
    Our soph investor gets his exit on such a disruptive arena by taking a neat 100% return when the price goes 10 cents. YES
    Maybe the broker gets his exit too. YES
    Retail punters cheer on. YES
    Quarterly comes in and next to nil revenue. MORE THEN THE QUARTERLY BEFORE IT
    Resident cheerleaders and dot joiners continue to join dots with questionable insights. YES
    Some more dot joining and more Easter eggs in the presentation. YES
    Prices fall and the market correction is blamed. YES
    Another CR , more success but barely any revenue. NO MORE CR. THE 10-15 MIL FROM THIS CR LASTS UNTIL SIGNIFICANT REVENUE IS ACHIEVED.
 
watchlist Created with Sketch. Add WFL (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.