As a former holder, whilst I still like the idea of WHA, recent announcements have been far from what was expected. The SAMR application stuff makes no sense unless they are switching the product from non-organic to organic but then again that'll delay things by at least 6mth to a year.
Cash result was really weak and crowing about the cash balance is just outrageous given they raised money for the JV. So ex-JV they're burning cash faster than an actual fire. Also take out Little Innosents and was that basically zero cash receipts? This could get ugly very fast. All hopes pinned on Uganic which I suspect the timeline for launch is far too optimistic.
WHA Price at posting:
98.0¢ Sentiment: None Disclosure: Not Held
