Woodbois Limited (GB:WBI) has released an update.
Woodbois Limited, a major player in the timber industry, has reported a significant decrease in share price due to actions by former major shareholder CHCH, who allegedly transferred and sold shares without authorization. Executive Chair and CEO Guido Theuns expressed confidence in the company’s intrinsic value and future rebound of share prices, supported by dedicated investors and strategic initiatives. Woodbois is set to release further updates and full interim statements in September.
For further insights into GB:WBI stock, check out TipRanks’ Stock Analysis page.
