WAL 0.00% 0.6¢ wavenet international limited

Ann: Tenement Granted-WAL.AX, page-3

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  1. 31,600 Posts.
    lightbulb Created with Sketch. 142
    Register before the raise was 55mill or thereabouts
    Directors and top holder took the shortfall to the tune of something ridiculous
    So what l am thinking is eventually with so many reasons and the buying of the 1cent shares these guys must be thinking way bigger than a few pips
    still believe this one will be a biggie just the waiting is the downside
    The beauty with these plays is you dont need much on the table to actually make a decent return...have to remember that this was a darling years ago and ran close to 1buck and big holders bought more shares around 40cents or higher
    So even taking the 1cent shares would give them average of maybe 20cents
    Well l hope so
    Still nothings a sure thing and l remember buying orh really low when director bought at 1cent but that was run into the ground
    Still at 555cap its a hail mary but with gold attached we could certainly be buying a gmm type run
    In the end dreaming is free
 
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