Technicals, page-51

Lucky enough to get a small portion on seed capital, then IPO and recent 56c placement. Also purchased on market in the high 20s when WHA ran from 25c to 42c in April/May and went back to high 20s.

Trading WHA since the 56c placement has been a dream. Sell the shares 48 hours before the Appendix 3B comes out, and then buy back 24-48 hours after the Appendix 3B is announced. Did it twice for WHA. Also did the same for BUBs but the volatility is greater for WHA.

This is a very tightly held stock as well so it will have greater volatility (both ways as can be seen when WHA went from 94/95c to 75c just before the 6m shares were issued).

I can see Chinese accreditation being worth $200m. The Baby formula market is too saturated in Australia and other developed Western economies. The Chinese market is now going through big changes and the time to grab a portion of it is now. WHA could see explosive growth, and share price, if they can show they can capture a hunk of the Chinese market. Once the Chinese market matures as well (could be like 5+ years down the track) the growth story will be gone...and the bubble could burst.

Happy that I hold WHA, and reinvested recent WHA and BUB trading profits into more WHA shares.