High risk investment anyone?
The West Australian-based Wellard Limited has lodged a prospectus with the Australian Securities and Investments Commission based on an initial public offering. Investors have been offered 215 million Wellard shares, which represents 54 per cent of the company capital.
To those would-be investors, just remember Keniry.....the live export trade is uniquely and inherently risky. Even if ethics were not a concern, we wouldnt be putting our life savings into this one......
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