Australia's largest stock trading and investment forum Australia's #1 stock forum

WSI

Click for more information

0.00%

11.5¢ weststar industrial limited

Material Uncertainty Regarding Continuation as a Going Concern, page-3

First 3 Last

Share
Profile

Follow
jxkmarvin

609 Posts.

14

05/03/19

13:07

Post #: 37656951
Share

Originally posted by christophe: ↑

Not sure of your motives here but if you have read plenty of finacial reports like I have then you'll know paragraphs like that are all to common in new businesses and speculative stocks on the asx.

It is really no surprise at all. Neither the big whoha your'e trying to make it out to be.

The fact the company has not done a capital raising after the postive cash flow quarter it has just had shows you it doesn't need to. Not saying it won't but obviously the cash flow for this quarter has been strong already to not need a capital raising.

The fact also that the substantial holder has been buying on market instead of asking for a piece of a capital raising should also indicate to anyone that one may not be happening too soon.

Out of interest what brings you to the stock and to post what you have?

Expand

Motives?? This is a forum, took an interest with recent announcements and pointed out something previous posts haven't... but seriously, a 3M working Cap deficiency?

I have read plenty of reports as well, for a trading business the working cap deficiency is worrying.... As i said in my post, Simpec guys are good, and given they are the main source of growth- it would be good if they had representation on the board.

WSI Price at posting: 2.1¢ Sentiment: Hold Disclosure: Not Held
1 Upvote

0 Great analysis

Reply

Top Stories

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

The iron ore comeback: Can it last?

TI1

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

ZNO

Zenith's sale of Develin Creek delivers $975K cash, with shares up 13%

HAW

Hastings progressing Yangibana to production with lower costs

There are more pages in this discussion • 5 more messages in this thread...

First 3 Last

Add WSI (ASX) to my watchlist

(20min delay)
Last 11.5¢		Change 0.000(0.00%)		Mkt cap ! $14.13M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
4	419030	11.0¢

Sellers (Offers)

Price($)	Vol.	No.
12.0¢	198351	3

View Market Depth

No.	Vol.	Price($)
3	431558	0.021
3	2022800	0.020
1	1500000	0.019
1	2500000	0.018
3	1034800	0.017

Price($)	Vol.	No.
0.022	32000	1
0.023	590453	2
0.024	973228	2
0.025	1307107	5
0.026	1381770	3

Last trade - 16.12pm 30/09/2024 (20 minute delay)

WSI (ASX) Chart