WEC 0.00% 5.0¢ white energy company limited

Ann: Trading Halt, page-16

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  1. 6,600 Posts.
    lightbulb Created with Sketch. 523
    "Yes absolutely. Around 3c based on current Situations"

    IMO this is absolute rubbish...
    At the moment, WEC have fully drawn down DEBT of over $32 MILLION...
    They have cash of just $1.4 Million...
    So a cash deficit of minus $31 MILLION ...

    Sorry to say this could possibly head into administration easily hence the sell down....
    drifta

 
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