WLD
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0.00% 4.5¢ wellard limited

Takeover potential, page-98

  1. stephcn
    403 Posts.
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    21/08/16
    19:30
    Post #: 18569900
    The historical financial statement is far more convincing than the proforma one, which is constructed just for IPO purpose.  The below is their historical statement for WGH. Big loss in 2015 FY, despite taking out the finance cost, still a big loss. It may very likely to repeat in the next two years.

    upload_2016-8-21_19-28-2.png
    WLD Price at posting: 37.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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