I know some will hold on till the end. I have been here before myself and have caught myself again in charts missing what I thought was a bottoming pattern.
Market cap is irrelevant. Wpg is a loss making business. With cash gone out of company it cannot operate. Market cap will be zero. Cannot run mine if you have no money.
There will be a dash capital raising but doubt anyone will get involved.
What I find interesting in report is another subsidiary has dibs on challenger ? I'll have to read report better when I get home and highlight facts.
If it can hold support of 3.5 then that will indicate new contractor kicking goals. All will be revealed Tuesday .
Bummer of an announcement but half expected given price action
WPG Price at posting:
3.7¢ Sentiment: Sell Disclosure: Held