WPG was indebted beyond belief. They were set up to fail and did. WPG need to make 40% margins to cover their financing and break even. Idiotic at best.
WPG's loss will be our gain. The WPG administrators will liquidate the assets and we are essentially the only cab at the rank. Our low ball offer at mates rates will be accepted. Cha ching!
Huge response coming in the share price. I am expecting a trading halt this week and 52 week highs to be hit within weeks.
Kairos -Trading halt, page-19
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