yes the banks will understand this and Wellard is not defaulting on any loans. also most of the loans are sale/financing loans so it is in their interest to see the loans through to completion so Wellard can eventually buy more ships with them. really the market has completely overcooked this to the down side imo. imagine if China suddenly opened its doors to Brazil as well. there is plenty of growth to come for this company moving forward but at the moment the market is placing zero value on the business.
i'm changing my sentiment to speculative buy
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6.8¢ |
Change
0.001(1.49%) |
Mkt cap ! $36.12M |
Open | High | Low | Value | Volume |
6.6¢ | 6.8¢ | 6.6¢ | $6.143K | 92.95K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 47213 | 6.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.9¢ | 13018 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 47213 | 0.068 |
1 | 301521 | 0.065 |
1 | 100000 | 0.062 |
2 | 111000 | 0.061 |
1 | 8400 | 0.060 |
Price($) | Vol. | No. |
---|---|---|
0.069 | 13018 | 2 |
0.070 | 80000 | 1 |
0.071 | 14000 | 1 |
0.073 | 20000 | 1 |
0.075 | 55000 | 1 |
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