WFM 0.00% 3.9¢ webfirm group limited

re: Ann: Commercial agreement with realestate... Hi HC...

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  1. 181 Posts.
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    re: Ann: Commercial agreement with realestate... Hi HC posters,

    Some interesting comments.

    Few points I would like to make.

    The Net profit figures for the 3 years mentioned above I think are insignificant - with the effects of the GFC many companies in similar positions to WFM went bust. Its a credit to WFM that they got through this, of course the Share Price was significantly higher during these times but so were many other companies that managed not to go broke.

    Over the past 12 months WFM has aquired two other companies that management have informed shareholders are key components to making 'the golden egg', Adslot work on a commercial basis.

    Key identities in Management have a proven track record in this field eveidenced by the success, and dare i say very lucerative sale of a previous company, Hitwise.

    Then the addition of Chris Morris to the board only adds confidence to existing investors, at least it does in my oppinion.

    Anyway, as no one but the board really knows whats going on its really anyones guess but having been on board at initially single figures price and taking the full allotment i am comfortable with where we are at the moment.

    Stocks test peoples patience, but really, 5 years from now, if this golden ticket goes like all holders hope so and reaches the potential most believe it has and consequent share price 10, 20, 30 or 100 times what it is already, times like this will be a distant memory and we will all be grateful that we got on at such a good price and pat ourselves on our backs for showing the foresight to go with such speculative stock.
 
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