Hi Stewart, I post on a few stocks I don't hold which I have negative sentiment.
When and if this company trades at cash backing I most certainly will consider an investment. It may never happen because Chris Morris will support the share price.
For now, this company does not seem capable of becoming cash-flow positive for a couple of years. By that stage I believe another capital raising will be required to grow the company.
Let's not forget that tens of millions of shares were issued to the owners of the businesses WFM acquired and you can bet almost anything that they are cashing in on the ridiculous sale prices they achieved by selling WFM shares on the open market.
By the way the word on the street has been out there now for 2 years! LOL.
WFM Price at posting:
6.7¢ Sentiment: Sell Disclosure: Not Held
