Back when it was being established via a back door listing, it traded at almost a 40% premium, rediculous then and now.
(WWM had NTA 7c, then did 1 for 7 consolidation, raised capital at 50c and changed to TOP)
WWM was trading around 10c after the arrangement was announced.
https://hotcopper.com.au/threads/we...r-opportunities-with-n.2079112/#post-12341250
That premium came right down to almost zero when it started trading as TOP.
Now after over 6 years, its still trading well under 50c. Thats the sort of performance which causes it to now trade at a huge discount to NTA.
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