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Wilmar’s slide continues

Wilmar’s slide continues as investors continue to avoid the share, seeking better value elsewhere. Management still haven’t formulate any new plans to revive the fortunes of the company. Can only rely on beating their drums on past achievements such as continued inclusion in the sustainability index.
No amount of insider buying would justify buying when the price is nearing its one year low of 2.915 which would likely happen. Buying at 3.07 and 3.08, slowed the slide a little but brace yourselves for a new low to be created in the next few weeks.
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