WFL 0.00% 0.3¢ wellfully limited

Welfully capital raise oversubscribed, page-2

  1. 554 Posts.
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    I meant that it would never come out of a trading halt that was mandated by the ASX. I'm sure they'll come out of this one OK, but I'm not expecting much from the CR. As others have suggested, I have a feeling that this CR is just about raising enough cash so the directors can pay their own loans back. They're not gonna hit three million. The last CR was a disaster and our prospects are infinitely worse this time. This company is dead and they know it. Everything they've been doing says so - the loans at 21%, the cheeky transfer of PP's shares to GEM. They're not interested in supporting this company with their own equity. Our own accountants have valued us at less than worthless. But if you want to keep burning your own money on it, go ahead. I'm sure the directors will appreciate it.
    Last edited by trkrkd: 07/10/22
 
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