You’ll end up running around in circles trying to make sense of...

You’ll end up running around in circles trying to make sense of WOA’s valuation from a fundamental perspective. You have to look a few years out and take a view as to where the world is headed in terms of food production/supply chains etc.

There is no other company like it on the ASX and if you want in you have to pay whatever the ask is. And there isn’t much free float. WOA has some real scarcity value which is reflected in the market cap.

Do do you own Afterpay? If so, have you asked yourself the same question? If not, why not? WOA has a more differentiated business model compared to APT vis-a-vis other BNPL models.

Anyway, this isn’t a pitch. Invest or don’t invest - that’s your prerogative. But if the market is valuing it at $xx that’s the value...

gltah