WQW 0.00% 55.0¢ winha commerce and trade intl limited

I would have picked up a few thousand $ worth at 30c if I had...

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    I would have picked up a few thousand $ worth at 30c if I had cash in my trading account yesterday, transferred some $ overnight in the hopes the fire sale would continue.

    I saw that both WQW & WMC sold off yesterday, WQW on the highest volume since the start of the year and WMC on high(ish) levels too. Could be a coincidence, but both of these companies listed via the same advisory firm. My guess is that there was just an institutional / large investor (who may have had positions in both companies + potentially others) who needed to get liquid and sold into the bid.
    Last edited by Bullion Baron: 18/08/17
 
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Currently unlisted public company.

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