way over capitalised, page-10

Hi jguneter,

You are absolutely correct. My assessment of WFM was based on a value proposition. I have no idea whether the share price will go up or down.

In the end, WFM has $20 odd million in the bank but the market values the company at $110 million. So basically one is paying 5 times more than what it has in the bank. An extra $90 million for what?

Happy to hear a more informed view on WFM's current and future financial performance.

;)
Nic