WDT 0.00% 0.0¢ wellington drive technologies limited

Ann: Wellington Drive Q1 2017 30% revenue growth, page-2

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  1. 445 Posts.
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    Having been to the AGM I'm happy to say there is a lot of positivity amongst the board, and senior officers of the company. Revenues are tracking to exceed $50 million for the full year. The company has in it's sights $100 million within 3-4 years. Iproximity and East West were both represented which is an indicator of a healthy relationship with both companies. The USD/NZD exchange rate continues to be favourable and product development continues with more things to come in the foreseeable future. Current price is probably fair enough given the growth over the last 18 months, but with further quarters of sustained growth look for it to build.
 
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