WAL
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0.00% 0.6¢ wavenet international limited

re: Ann: Company to meet final conditions bef... Looking at the...

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  1. AaronL
    46 Posts.
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    07/02/12
    15:16
    Post #: 9657356
    re: Ann: Company to meet final conditions bef... Looking at the 12m figure, it does look a bit high. In the latest 4c quarterly cash statement, they showed they received $1.7m from sale of equity investments. During the quarter, they sold over $11m of CLR shares so that leaves $9.3m cash which is yet to appear. That would change the NTA to about 57c.

    This is my opinion. Please DYOR.
    WAL Price at posting: 45.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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