The market place for micro caps has changed.
They had their chance when the market was hot to raise capital and get their company established with strong revenue and profit.
Many took that time to get access to cash and then went into cruise mode - now access to easy money has dried up
The speculative support for "stories" has gone
It now a grind and companies that do not have the numbers will collapse under the weight of salaries/fees/consultants/ etc/ etc
Easy access to funds via a CR is now a new ball game
The investor is now demanding transparency. They will not part with their dollars unless the details are convincing.
A fairy tale does not cut the mustard any more.
Why because many of those on the gravy train get their payment on the way through.
The share holders are left with the dregs.
- Forums
- ASX - By Stock
- WFL
- What ????
What ????, page-14
-
- There are more pages in this discussion • 17 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WFL (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.478M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
WFL (ASX) Chart |
Day chart unavailable
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online