I suspect with WHK and many other stocks the onset of tax loss selling will be brutal. WHK's share price is back to where it was 5 years ago yet with more than double the new shares issued during that time. Literally most holders would be sitting on losses having bought well above current price levels and the temptation to lock in those losses would be tempting.
As with many other stocks in such similar situation and not just WHK on the ASX it could be a nasty couple of months coming up
WHK Price at posting:
4.4¢ Sentiment: None Disclosure: Not Held
