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WBI Woodbois Limited

0.215
-0.01 (-4.44%)
Last Updated: 08:13:23
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Woodbois Limited LSE:WBI London Ordinary Share GG00B4WJSD17 ORD 0.01P
  Price Change % Change Share Price Shares Traded Last Trade
  -0.01 -4.44% 0.215 26,660,373 08:13:23
Bid Price Offer Price High Price Low Price Open Price
0.21 0.22 0.225 0.215 0.225
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Chem,fertlizer Minrl Mng,nec USD 7.94M USD -8.13M USD -0.0021 -1.00 8.88M
Last Trade Time Trade Type Trade Size Trade Price Currency
11:00:10 UT 2,014,698 0.2195 GBX

Woodbois (WBI) Latest News

Woodbois (WBI) Discussions and Chat

Woodbois Forums and Chat

Date Time Title Posts
20/11/202422:40Woodbois - Creating dreams from African timber1,446

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Woodbois (WBI) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
11:00:100.222,014,6984,422.26UT
10:58:180.224,543,1819,995.00O
10:58:160.224,500,0009,900.00O
10:50:450.221,500,0003,285.00O
10:50:180.222,300,0005,037.00O

Woodbois (WBI) Top Chat Posts

Top Posts
Posted at 21/11/2024 08:20 by Woodbois Daily Update
Woodbois Limited is listed in the Chem,fertlizer Minrl Mng,nec sector of the London Stock Exchange with ticker WBI. The last closing price for Woodbois was 0.23p.
Woodbois currently has 3,945,850,726 shares in issue. The market capitalisation of Woodbois is £8,286,287.
Woodbois has a price to earnings ratio (PE ratio) of -1.00.
This morning WBI shares opened at 0.23p
Posted at 19/11/2024 11:36 by odillon
Good to hear from you Fenners. Seeing you on this board always gives me the impression that there's going to be an upside in the share price.

You recently endorsed my post to the effect that the company had been adversely affected by circumstances outside its control. Although you are one of the more capricious posters here, it was good to see that we have some accord.

I hope there are no more external impediments and that the company can now focus on steady growth with the protection for shareholders offered by the appointment of the new directors.
Posted at 13/11/2024 18:44 by odillon
fenners

I have been critical of management for example the time when they spoke of improved communication and then did not provide an update by the date that they said they would. I also expressed concern that they had taken on board a major investor who had previously been convicted of making away without payment of a taxi fare. The Court found that there was no dishonestly but that he had been extremely drunk to a degree that he failed to pay the fare believing that he had done so.

That high value investor went on to sink the share price via a sell off of, I understand, his entire holding.
Posted at 12/11/2024 12:05 by fenners66
Odillion given your one way view , I trust and hope you have been a very happy shareholder here for years.

You do realise of course that the share price has declined from about 8p to 0.28p in the last few years?

Your conspiracy theory has zero substance to it , as to people bashing this share to get more cheaper , the company has done that all by itself.
Were the Bank that ditched them, the director that got removed with no notice , the management that shut off production, the overheads that led to years of losses , the resignation of the nomad , the inability to get any meaningful sales of carbon credits etc etc all part of the conspiracy to get the share a little lower ?

Good luck with you fantasies , perhaps you should now take advantage of your conspiracy and bet the house on this one....

Maybe take a bit of time out to check out your local estate agents...
Posted at 12/11/2024 00:11 by odillon
It is good to see the company trading again on AIM and with a new NOMAD in place.

There will have been some scooping further the pooping going on during the first day back trading and in the near future.(The poop and scoop is the practice of bashing a share in the hope of encouraging others to sell so that it can be picked up at a low price). This share has previously been affected by the pump and dump and more recently the poop and scoop. (New faces appearing on WBI boards, including this one, who have never taken any interest in WBI before and are suddenly spending their one life making scathing remarks about it).


Owning this share has been a bumpy ride in the last few years. (I hope to get a part in "Woodbois the movie" when it comes out). Here's hoping for a period of calm and steady growth.
Posted at 14/10/2024 12:56 by odillon
A non-holder becomes a holder by buying shares.

But a poster who over a lengthy period of time solely contributes negative sentiment and maintains a position that they have no interest in buying is in my view someone seeking to contribute to reducing the share price so that they can buy at a lower price.

Unless you're a Buddhist, you would generally think that you only have one life and why would you waste that precious gift contributing on board for a share that you have no interest in.

Are you seeking to convince me that the routine knockers of various shares are doing so out of altruism?
Posted at 14/10/2024 10:10 by odillon
The shares are suspended and so nothing posted on forums can affect the price. We are waiting to see what happens next.

We do not know what has happened. No reason has been given for Canacoord resigning.

Some have assumed that there has been fault on the part of WBI. I have merely conjectured that there may be other reasons for the NOMAD resignation other than WBI being at fault, such as a conflict of interest having arisen or a planned change of NOMAD.

There is no desperation in my posts. I am simply remaining open-minded. As the shares are suspended there is nothing to be gained from any attempt to "distract attention".

But there is venom and unpleasantness in the responses from Fenners66. Is this a 54 years of hurt phenomenon?

The first thing I checked today was to see if the other two brokers had resigned. As far as I can see they have not.
Posted at 12/10/2024 11:01 by odillon
I think it is you that is suggesting that the NOMAD is not to be trusted. I have not said that, you have raised this.

If the resignation stems from a conflict of interest they cannot represent WBI. So they would be doing the right thing by resigning. Why are you interpreting that to mean that the NOMAD cannot be trusted?

If they believe that WBI have fallen foul of AIM's regulations and they are unable to assist WBI to address this, then again they have done the right thing by resigning. But that does not appear to be consistent with WBI being in the process of appointing a new NOMAD. That is what makes me think that it may be something other than a breach of AIM rules.

The RNS makes it clear that WBI knew that Canacoord were going to resign. WBI were therefore on notice of the resignation. So the advisors say they are going to resign and then they do. How is that being untrustworthy? WBI know they are going to resign (and presumably know why) and are in the process of appointing a new NOMAD. As they were on notice they had a head start on the usual time period for appointing an alternative adviser.

Looking through other examples of where a NOMAD has resigned there is generally a clear reason given in the RNS, which generally appears to be that a company has filed to go into administration. There is no indication of this with WBI.

Also, in other examples, when the NOMAD resigns so do all company brokers. Canaccord have resigned both as advisors and brokers, but, as matters stand, the other two brokers have not resigned.

We do not know what has happened to cause Canaccord to resign. At this stage I am not attributing blame to either the company or the NOMAD. Can you say the same?
Posted at 11/10/2024 22:42 by odillon
If it is a conflict of interest they would have no choice and if WBI were jumping horses it may not be unreasonable.

We are told that the WBI director resigned, but if you check the articles of incorporation the provision cited is the one where the resignation is triggered by the written requirement of the other directors. So it is a forced resignation.

We have no idea why Canaccord resigned. But if it was as a consequence of wrongdoing by WBI - why have Canaccord not said this?

We are told that WBI are in the process appointing new advisers. How could they be doing so if there was an AIM's Rules impediment to their seeking new representation?

btw - mind your language. You can disagree without disrespect.
Posted at 03/9/2024 12:40 by odillon
Hi JM I am amused by your response. I have only made the comment about the complete change of the team once. There has recently been a departure of a number of company officers who have been in post for years who have all been replaced by a new team. It is a recent and significant change.

It is always good to see you JM. There was a flood of new posters recently including ones speaking positively about the share who were a bit too exuberant for me and so I have filtered them, but I will keep looking up out for posts from your good self. My take is that you must be seeking to encourage a reduction in the share price so you can keep topping up. Why else would you bother posting? I wish us both luck with a steady and long term increase in the price.
Posted at 02/9/2024 12:13 by odillon
JM A high value holder selling shares at increasingly lower prices has an adverse effect on the share price. The same thing happened a while back when rhino ventures did the same. I think it was rhino ventures who introduced CHCH to WBI.

WBI is now being run by a completely different leadership team who were not party to the CHCH deal.

I am looking forward to seeing what they report in the not too distant future.
Woodbois share price data is direct from the London Stock Exchange

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