WBA 0.77% $1.29 webster limited

Ann: Microcap Conference Presentation , page-9

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  1. 619 Posts.
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    Joewolf, thanks very much for such a thoughtful and fact-filled response. You have enlightened me.

    So it seems WBA has perhaps had two bits of good fortune in the last year or so: getting a good price for its TGL stake, and Gunns' walnuts coming onto the market around the same time.

    Bottom line is that it's outcomes that count - and whether WBA is where it is today through good management or good fortune (seems to have been a bit more of the latter than I realised) hopefully won’t matter too much in the scheme of things.

    What will matter is the extent to which management can extract value from what appears - to me at least – to be an asset base with quite a lot of potential.
 
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