Hi 13th, just had a quick look-in for the day and see the nice pick-up in volume. 700M in issue though, so 3-4M turnover is a bit of a drop in the ocean eh..still good to see eh. Looks like there are more than enough sellers to fuel the activity as well which will hold it from reaching into the 6c-7c range for now. I wonder if there is someone accumulating at an 'agreed' price, who knows. No point speculating on that.
Looking historically, the past 2 FY results were on the last Friday of October which brings us to the 26th. So just a coupla weeks from now we'll have an update which I'm very much looking forward to. We'll have news on 'product utilisation' (as you put it) so if folk want to wait till then, fair enough, but with two new offices on the international scene and the growth industry in digital advertising being very strong, I reckon it's a good time to be right here with WFM.
Even the name 'Adslot' itself carries value..
They're (according to Twitter) in Las Vegas at Pubcon next week (15th - 18th) which is touted to 'be the biggest and boldest gathering of search and social media innovators we have ever assembled' (see www.pubcon.com/pubcon-vegas-2012) which will be great for networking.
Like your good self, to have got in at around 5-5.5c, it was a pretty good entry point eh...
Should be fun !
WFM Price at posting:
5.8¢ Sentiment: Hold Disclosure: Held
