WDT - Wellington Drive Technologies

**Balance** · 26-09-2012, 09:51 AM

https://www.nzx.com/files/attachments/163915.pdf

Must be another rights issue and placement coming up as cash must be just about all gone?

Still remember listening to Ross Green (ex CEO) at an investment seminar in 2004 and his assertion that WDT's move into profits was just around the corner! Have to hand it to him because he kept raising the cash and kept spending the cash too!

Can the new management do the same? That is. keep raising the cash?

**winner69** · 26-09-2012, 10:51 AM

So the chief money says "this represents a successful effort to monetize nonrefrigeration technology"

Good stuff .....but balance right ....good news precedes the plea for more dosh

**winner69** · 26-09-2012, 12:45 PM

Balance me old mate ....seems everybody wants some of the action ....up 16% today

**Balance** · 26-09-2012, 01:06 PM

Originally Posted by winner69

Balance me old mate ....seems everybody wants some of the action ....up 16% today

Yawn - been there, seen that time and gain from WDT.

"Somebody" paid 18.5c for 5,000 shares (up 32%) and now, will not buy when there's selling at 16c?

Smelling like a capital raising on the way!

No mention of hoe much it will cost WDT to service the agreement.

**Balance** · 28-09-2012, 08:25 PM

Originally Posted by Balance

Yawn - been there, seen that time and gain from WDT.

"Somebody" paid 18.5c for 5,000 shares (up 32%) and now, will not buy when there's selling at 16c?

Smelling like a capital raising on the way!

No mention of hoe much it will cost WDT to service the agreement.

And sure enuf, a capital raising.

NZX - where are you? Surely the ramping up of the sp yesterday constitute market manipulation?

**winner69** · 28-09-2012, 08:41 PM

Superlife eh

So quite a few Sharetrader members now own a bit of WDT .... the several who thinks Suoerlife is the bees knees of Kiwisaver and retirement funds

**brucey09** · 28-09-2012, 09:30 PM

Originally Posted by winner69

Superlife eh

So quite a few Sharetrader members now own a bit of WDT .... the several who thinks Suoerlife is the bees knees of Kiwisaver and retirement funds

Snr. Winner
What do you mean of the bees knees here.

**p2r** · 02-10-2012, 05:58 PM

Bees knees is Comvita.
Forsyth Barr decide on those superlife investments. I wonder what they see in WDT? 2% of their NZ share portfolio between rakon & Cue and a bit in Gemino growth. Superlife have been with PEB a long time and they are starting to look ok.
Anyway from Superlife point of view 15.5 c is OK. From WDT must be a plus. And from a NZ point of view it is good that Kiwisaver funds are is supporting NZ companies long term.
Be interesting how WDT go, but to be fair it is tough for all exporters at the moment especially into Europe...

**Balance** · 02-10-2012, 07:31 PM

Originally Posted by p2r

Bees knees is Comvita.
Forsyth Barr decide on those superlife investments. I wonder what they see in WDT? 2% of their NZ share portfolio between rakon & Cue and a bit in Gemino growth. Superlife have been with PEB a long time and they are starting to look ok.
Anyway from Superlife point of view 15.5 c is OK. From WDT must be a plus. And from a NZ point of view it is good that Kiwisaver funds are is supporting NZ companies long term.
Be interesting how WDT go, but to be fair it is tough for all exporters at the moment especially into Europe...

WDT is certainly long long term!