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12.0%

2.8¢ wellard limited

Mario Sold in the IPO 1/3 of the company at 1.40 and now buying...

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ash68

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20/09/16

14:29

Post #: 19285256
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Originally posted by cheplan ↑

Yes, I have been wondering about Mauro winding down and even existing WLD. I am amazed that he had so much debt (US$25M to Fulida and AUD$15 to Wellard). Given that he will transfer WLD stock to Fulida he will be losing significant capital with a large volume of shares (66 million) and SP reduction from a high of $1.45 down to $0.20s.

If Twiggy and/or Gina got involved, that would be a huge positive. Greater access to funds, better control over supply chain (given their ownership of cattle stations), increased emphasis on livestock export (given cost advantage to processing chilled and frozen meat in Australia), and existing government/business networks in China.

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Mario Sold in the IPO 1/3 of the company at 1.40 and now buying back through Butt at 22 cents.

WLD Price at posting: 26.0¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 2.8¢		Change 0.003(12.0%)		Mkt cap ! $14.87M

Open	High	Low	Value	Volume
2.5¢	2.8¢	2.5¢	$24.12K	933.0K

Buyers (Bids)

No.	Vol.	Price($)
2	453	2.6¢

Sellers (Offers)

Price($)	Vol.	No.
2.8¢	99819	1

View Market Depth

No.	Vol.	Price($)
2	453	0.026
2	193789	0.025
1	25000	0.024
2	358807	0.023
1	45450	0.022

Price($)	Vol.	No.
0.028	99819	1
0.030	100000	1
0.031	80447	2
0.032	45000	1
0.033	43333	1

Last trade - 14.57pm 03/06/2024 (20 minute delay)


Last 2.5¢			Change 0.003 ( 0.00 %)
Open	High		Low	Volume
2.5¢	2.5¢		2.5¢	8635
Last updated 11.03am 03/06/2024 ?

WLD (ASX) Chart