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2.5¢ yowie group ltd

Is there a chance the new significant holders just bought in as...

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dangs260

1,096 Posts.

66

22/02/18

14:20

Post #: 31259323
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Originally posted by Davisite ↑

I am not sure why you think I have not commented before recently. I have been following YOW for quite a while with the aim of buying in if I thought there was a possibility of it being turned around. I have to admit that when the previous CEO was tossed out that there might have been a chance, but I wanted to see some positive sign that he knew what he was doing first.

As for conspiracy theories YOW is not a stock you can short, nor one where there is any quick dollars to be made even if you could as there is a short term floor under it for now because of the cash. I have no motive for posting other than I enjoy it.

There can't be a good outcome because of the new significant holders. No holder has explained how they can see a good way out. It no longer matters what the company does, or if they suddenly become competent (unlikely), they are all going to be tossed out and the new owners will be doing with YOW whatever is in their interest.

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Is there a chance the new significant holders just bought in as they seen the company to be undervalued, and plan to hold on for the rise?

YOW Price at posting: 10.5¢ Sentiment: Buy Disclosure: Held
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