WDT - Wellington Drive Technologies

[Cannibal]

No Way! The company is worthless.......nothing more than a stock tip. There is massive uncertainty here. I wont be putting any of my money here.

Well - they are up 16.3% today on good volumes. Not everyone seems to agree with you...

[h2so4]

Well - they are up 16.3% today on good volumes. Not everyone seems to agree with you...

I am not surprised which way the sp goes as it is purely guided by the traders. There is no business principles or valuations here.

[Balance]

Well - they are up 16.3% today on good volumes. Not everyone seems to agree with you...

$31,000 worth of trades - what a joke. The buyer backed off when selling came out at 9.9c. A bad trade.

[winner69]

Hunter hall bailed out of NZ Farming Systems .... I see they have an interest in thsi dog as well .... maybe sick and tired of NZ investments and getting rid of these as well

No doubt about it ... summin up eh

Well it wasn't Hunter hall bailing out ..... they putting another $8m odd in

Case of double or nothing.... or just realising the potential in WDT

[emearg]

All I hope is that Hunterhall have more information than we do about how WDT's cost reduction programme is going. Hopefully it is positive and swayed their decision because it won't take long to burn through 8 million as their sales continue to increase unless they actually DO significantly reduce the cost of each unit sold rather than just talking about it!

Fingers crossed they will produce some figures around this when they come asking for more cash rather than just using fluffy words as they are soooo good at!

I didn't participate in the last cap raising as it wasn't underwritten and their figures seemed hugely optimistic.

I wonder if the one announced today will be?

There are a number of things about this company to wonder about...

[GR8DAY]

.....hunterhall are hardly going to throw $8m at any company without firstly having done their due diligence..............................surely????

[emearg]

.....hunterhall are hardly going to throw $8m at any company without firstly having done their due diligence..............................surely????

That is what I am hoping...

[winner69]

Maybe 3rd time lucky for HH .... after losing zillions on Feltex and NZ Farming Systems

And this is pretty heavy averaging down for them as well

[winner69]

Green all enthusiastic and optimistic

http://www.nbr.co.nz/article/welling...aisings-110781

Hunter Hall taking 85 mill shares is pretty dilutive for existing shareholders ... so sahre of the huge rewards being watered down for many

[winner69]

Though I was surprised to read this a week or so ago - "The largest disappointment of the result was the announcement that the Panasonic deal that WDT had been working on has fallen over," Harvey-Green says (from Forsythe Barr)

Hopefully no other things WDT had been working on will fall over