WWM 0.00% 70.0¢ wentworth holdings limited

wealthy investors vie for opportunities with n, page-3

  1. 7,247 Posts.
    lightbulb Created with Sketch. 1
    I am trying to get an understanding why investors are buying at these high levels right now, eg paying 10 cents when the company is pretty much cash totalling 7 cents right now.

    In other words the market is valuing the confidence from all the big names at 3 cents a share.

    I think that is very low price to be alongside most of those names. Any one of them has a proven premium price factor.

    I guess you could put it another way by saying that most of those wealthy families and individuals did not get that way by making bad investments.
 
watchlist Created with Sketch. Add WWM (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.