The company would be in breach of ASX guidelines if they announced something at the meeting which had not been released to the market place. Todays announcements would have come out whilst the meeting was being held.
I would have also thought that announcing something of "importance" would also not have been the best forum at the EGM nor in todays announcement.
As we are all aware it is important that companies of the size of WRR make the most of any opportunity to communicate directly to the market place in a clear and concise manner.
imo announcing anything today other than what was released to the market may have got lost in the results of the EGM and the update.
Something that did catch my eye in todays updated, that they are looking to make an appointment of a Regional Manager in Europe similar to that made for the North American market place.
Clearly focus is being made to grow the export business, the board would not be making these decisions lightly, which to me would suggest that would be looking to grow North America and Europe by in excess of 20% p.a. from the current position.
Cheers
Clever1
WRR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
