WRR 0.00% 16.0¢ world reach limited

6 monthly profit, page-3

  1. 404 Posts.
    Things seem a little more positive. If I had a few lazy thousand I'd be a keen investor.

    Two things however continue to keep me somewhat pessimistic:
    * World is in a recession
    * Growth opportunities for TTY are likely to be extremely limited unless they go into aquisition mode (this is something TTY has stated since their most recent divestment - unfortunately they don't have any $$$$ to spend and they have million dollar loans to pay off)
    * The Capital Raising is going to keep the SP at rock-bottom prices for quite a while
    * Balance Sheet is in the red!
    * Cash Flow (obviously) not in a healthy state


    I think WRR may possibly have just gotten over the hump and I'd be more than willing to throw in money were it not for the recent dilution announcement.


 
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