The update destroyed all of them.
Every point they were questioning...got covered.
(I won't be surprised to see if mgmt. aren't reading HC too and addressing concerns. *Adding that TGA stuff was interesting. hmm?)
The WNB JV update was truly brilliant.
What's bad is 2 of them said IF they got the answers to their questions they'd apologise.
Now?...... "....crickets...."
Now, the D-R are focused on the CR.
In my VERY first post on WNB I talked about the CR. Of coarse the are doing a CR...DUH!!!
(That's what ASXed companies do!!)
The question you ask yourself is...how amazing will WNB with cash in the bank?
*Also, I don't know for sure but, I'd "guess that those notes could EASILY get a year or 2 extension. Then in 2/3 years...the company could just swap them over for scrip or cash.
Investors make REAL money buying stocks whenthey have WARTS and don't look pretty.
Day Traders and D-Rs talk about them warts NOW to get a lower buy price for their 3 pip flip.
Those of us who've done our research have a good insight to what's going on.
Who knows, some of them might even be buyer more now.
IMO...WNB is for INVESTORS with a 6-12 month outlook.
*man...look at the volume dry up.
traders are in trouble...it's the weekend in 2 hrs.
IMO
DYOR!!
WNB Price at posting:
1.3¢ Sentiment: Buy Disclosure: Held