WAL 0.00% 0.6¢ wavenet international limited

Ann: Suspension from Official Quotation , page-4

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  1. 1,385 Posts.
    Dever,

    At the end of the day WAL is undervalued and off investors radar.
    In this market environment it is difficult for Managements/Boards job to promote the company unless we see some bold moves.

    I can not see a CLR takeover till the 7.4 Million CLR shares are issued to WAL. (The market hates Government decision uncertainty even thow it’s a rubber stamp)

    In looking at page 42 of the annual report the top 20 control 77% prior to last weeks buy back. There are 896 Shareholders and 259 are less than a marketable quantity.
    Interesting.

    Time will tell.
 
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