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Bullboard - Stock Discussion Forum Winalta Inc V.WTA.A

TSXV:WTA.A - Post Discussion

Winalta Inc > CEO Austin Fraser
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Post by ssyringa on May 29, 2013 2:01pm

CEO Austin Fraser

On BNN this morning  quite interesting watch
Comment by PUNJABI on May 30, 2013 10:56am
I was looking at this company & it reminded me of PSN. This company has a few things common with PSN, rental business, paying dividend when they have debt & huge account receivables. WTA has loan of $15m that expires in one year. Maybe they will have the loan extended.  The thing that took down PSN was huge amount of account receivable.  PSN could not recover its account ...more  
Comment by AncasterMike on Aug 02, 2013 11:12am
Increased receivables in the peak winter season would be expected, followed by drops in the weak summers.