Recent Insider Transactions • Jul 01
Key Executive recently bought AU$70k worth of stock On the 29th of June, David Deitz bought around 1m shares on-market at roughly AU$0.07 per share. This transaction amounted to 1.6% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. David has been a buyer over the last 12 months, purchasing a net total of AU$85k worth in shares. New Risk • Jun 30
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: AU$14.0m (US$9.62m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (AU$14.0m market cap, or US$9.62m). Minor Risks Dividend is not well covered by cash flows (339% cash payout ratio). Share price has been volatile over the past 3 months (16% average weekly change). Revenue is less than US$5m (AU$4.5m revenue, or US$3.1m). Buy Or Sell Opportunity • May 21
Now 25% overvalued Over the last 90 days, the stock has fallen 14% to AU$0.09. The fair value is estimated to be AU$0.072, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 18%. Board Change • May 20
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 2 highly experienced directors. No independent directors (3 non-independent directors). Non-Executive Director Kevin Howland-Rose was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Board Change • May 01
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 2 highly experienced directors. No independent directors (3 non-independent directors). Non-Executive Director Kevin Howland-Rose was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Announcement • Oct 09
Gullewa Limited, Annual General Meeting, Nov 27, 2025 Gullewa Limited, Annual General Meeting, Nov 27, 2025. Location: suite 1, level 2, 49-51 york street, sydney, nsw 2000 Australia Announcement • Apr 05
Gullewa Limited Announces Fully Franked Maiden Dividend for the Financial Year Ended 30 June 2024, Payable on 7 May 2025 Gullewa Limited announced a fully franked Maiden Dividend of AUD 0.007 per share for the financial year ended 30 June 2024. 23 April 2025 is the Record Date and 7 May 2025 is the Payment Date. Announcement • Oct 30
Gullewa Limited, Annual General Meeting, Nov 28, 2024 Gullewa Limited, Annual General Meeting, Nov 28, 2024. Location: gullewa limited, suite 1, level 2, 49-51 york street, sydney nsw 2000 Australia Board Change • Jul 22
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Non-Executive Director Kevin Howland-Rose was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • May 30
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Non-Executive Director Kevin Howland-Rose was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Nov 25
Gullewa Limited has filed a Follow-on Equity Offering in the amount of AUD 0.028 million. Gullewa Limited has filed a Follow-on Equity Offering in the amount of AUD 0.028 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 1,000,000
Price\Range: AUD 0.028
Transaction Features: Subsequent Direct Listing Board Change • Oct 27
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Non-Executive Director Kevin Howland-Rose was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Oct 25
Gullewa Limited, Annual General Meeting, Nov 30, 2023 Gullewa Limited, Annual General Meeting, Nov 30, 2023, at 11:01 AUS Eastern Standard Time. Location: Gullewa Limited,Suite 1 Level 2 49-51 York Street Sydney New South Wales Australia Agenda: To receive and consider the annual financial report of the Company for the year ended 30 June 2022 and accompanying reports of the Directors and auditor of the Company; to consider Adoption of Remuneration Report; to consider Re-election of Anthony Howland-Rose as a Director; to consider Approval of Issue of Options to Anthony Howland-Rose, Director; to consider Approval of Issue of Options to David Deitz, Director; to consider Approval of Issue of Options to Kevin Howland-Rose, Director; and to consider other issues. Board Change • May 05
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 3 highly experienced directors. 1 independent director (2 non-independent directors). Independent Non-Executive Director Eddie Lee was the last independent director to join the board, commencing their role in 1999. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Apr 07
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 3 highly experienced directors. 1 independent director (2 non-independent directors). Independent Non-Executive Director Eddie Lee was the last independent director to join the board, commencing their role in 1999. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Jan 21
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 3 highly experienced directors. 1 independent director (2 non-independent directors). Independent Non-Executive Director Eddie Lee was the last independent director to join the board, commencing their role in 1999. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Dec 17
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 3 highly experienced directors. Executive Chairman of the Board Tony Howland-Rose was the last director to join the board, commencing their role in 2010. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. 
