WDT - Wellington Drive Technologies

[Wai Wai]

Now we know why the new CEO hasn't bought any stock in the market, unlike the previous CEO and many of the exec. team

[haewai]

At $0.15 as it is now, the market cap is the same as the annual revenue accoridng to Reuters. Interesting coincidence. Can't be bothered working out if that's good or bad. Certaintly different to PEB.

[Wai Wai]

See David Darling (former PEB CEO) recently purchased additional PEB in the market
Just saying

[winner69]

See David Darling (former PEB CEO) recently purchased additional PEB in the market
Just saying

He didn't buy anyway ....they were a 'Non-cash consideration, being in recognition of the Subscriber's performance as an employee of the Company in lieu of a bonus and in addition to the Subscriber's previous salary (being a short term incentive payment from the previous year and a retirement payment)'

[haewai]

Now we know why the new CEO hasn't bought any stock in the market, unlike the previous CEO and many of the exec. team

He's already got almost 13 million options at a considerable discount to the current market price. Pretty significant holding and performance (and sticking around) incentive.

[winner69]

What’s up with wdt share price

Down 8% to 12 cents today

[kiora]

B/c not many are interested in small caps at the moment W69 ?
Particularly ones that are just getting traction
"Microsoft has held up comparatively well, down 22% year-to-date while the likes of Amazon (AMZN) is down 38% over the same period."

"Last month, Microsoft announced a new partnership with the Kraft Heinz Company (KHC) that will see it leverage Azure's IoT and AI capabilities to build a first-of-its-kind Supply Chain Control Tower that "will provide real-time visibility into plant operations and automation of its supply chain distribution across Kraft Heinz's 85 product categories.""
https://seekingalpha.com/article/451...erm=must_reads

[kiora]

Only $25m in tax losses can be recognized.
BUT this is a ripper result & outlook.
If investors don't recognize this near term then ugh, TO on the cards in next few years ,hopefully when all tax losses chewed up
https://stocknessmonster.com/announc...dt.nzx-392695/
To compare to PEB is a sick joke

[winner69]

At the ASM Keith Oliver, who was standing for re-election, was asked why he doesn’t own shares.

His response was he believes at least one Director should represent the stakeholders other than shareholders, so it is appropriate that that person doesn’t hold shares.

I agree totally …..Keith has no vested interest (ie truly independent) and will do what’s best for everybody

[percy]

At the ASM Keith Oliver, who was standing for re-election, was asked why he doesn’t own shares.

His response was he believes at least one Director should represent the stakeholders other than shareholders, so it is appropriate that that person doesn’t hold shares.

I agree totally …..Keith has no vested interest (ie truly independent) and will do what’s best for everybody

Yeah right..lol.
WDT will remain on my avoid list.
I take it John Scott hold shares in WDT.
Resolution 1 - That John Scott be re-elected as a director of the Company
Number of votes cast
For 214,427,380
Against 25,795
Abstain 6,488,049
Resolution 2 - That Keith Oliver be re-elected as a director of the Company
Number of votes cast
For 188,084,858
Against 25,818,317
Abstain 7,038,049