WTC 0.45% $135.15 wisetech global limited

Ann: Trading Halt, page-11

  1. 522 Posts.
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    Less than half a percent of the total shares on issue traded the Stock down 10% by tiny trades until setting off auto stop loss selling after 5% and then catching the eye of WTC management who put a stop to proceedings. Management hold a massive % of the shares on issue here.

    A pure speculation report similar to the CCP report, after a year this will not matter one bit. WTC is a good company doing good business. Even if their earnings are overstated, they won't be next year, what this report is likely to bring out is some nice little tidbits about how good WTC's business is.
    I would sell based on what WTC tell me if their performance is subpar, I would not sell because of some Short seller trying to get $$ by causing the price to fall through a cockamany report with a heap of vague references to sources with no substance. It may present a buying opportunity for those interested.
 
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