I note shares in data management technology company WANdisco (WAND) have significantly recovered since I previously wrote and yesterday saw a “Trading Update” announcement and today a research update…
I previously wrote on WANdisco (WAND) last month as the shares rose further above 800p – suggesting, with forecast losses and year-end net cash of $7.1 million, that despite the growth potential it significantly market sentiment bullishness which saw the shares at those levels and, with this famously volatile, that after the ride so far this year here it prudent to lock-in gains. Today a placing and director share sales…
Shares in WANdisco (WAND) are currently further higher this week following an “OEM partnership with Virtustream” announcement - though the rise further above 800p compares with a sub 200p share price at the commencement of 2017…
Shares in ‘big data’ company WANdisco (WAND) are continuing a recovery on the latest news of an agreement with Silicon Valley Bank.
I previously wrote on WANdisco (WAND) in January – ‘one quarter does not an investment make, but offers some encouragement for shareholders’. The following updates with the shares currently on the rise on the back of a “Significant customer win and Q1 update” announcement…
Shares in ‘big data’ software company WANdisco (WAND) are currently continuing a recovery – this on the back of a concluding trading update for 2016...
On Thursday 29 September 2016 at 10.41 AM Wandisco (WAND) boss Dave Richards resigned. Or so we were told. The RNS prepared by Non Exec chairman Paul Walker (who agreed to take a massive pay hike and go Exec) stated that Richards was "stepping down.". No reason was given. In fact Richards had been fired by Walker, head of the "Sage crew" within the firm who had been battling Richards for a good while, the main issue being costs: Richards ( the founder) wanted restraint, the men from the "big company" had other ideas. Today Richards was reinstated. It gets better still and more farcical.
On Wednesday, cash guzzling over-ramped serial non-deliverer of anything other than jam tomorrow Wandisco (WAND) announced that it had a new CFO at 7 AM. At 10.41 AM Thursday the company's founder, CEO and all round head honcho David Richards walked with immediate effect. No credible reason was given for his departure. I smell an enormous rat.
Following an announcement of the appointment of a new CFO earlier this week, yesterday saw provider of cash-burning solutions, sorry, of “enterprise-ready, non-stop software solutions that enable globally distributed organizations to meet today's data challenges of secure storage, scalability and continuous availability”, WANdisco (WAND) make a further “Directorate Change” announcement…
