This company is a massive avoid. The same Trojans who failed in the ENz expansion and literally torched 4m before disclosing one ounce to market are still on the board. Completely incompetent. The same investment bank who stung the punters at 27c did the SPP and had to underwrite it at 6c got out a sh/t pile of stock and they and their poor clients are long..... and wrong. The CW business just had the founders leave, is 20 years old, and is flatlining. The reason it was bought in the first place was to fund the growth of the ENZ business - which they blew up. Internally the culture must be shagged. 3 rounds of CEO’s, a business blown up, 2 founder leaving after seeing their 20 year business be smashed in front of them by this lot.
Grab a dart and hit the board - at least you have some shot at making money. This one is a loser
CWL Price at posting:
4.4¢ Sentiment: Sell Disclosure: Not Held
