What possible announcement could turn this slide around? Even if they announce that they will be ready for launch on the 1st of September, who would buy on this news after the last 3 failures to launch on target date. If they announce a date like the 1st of December the sp will have a 1 at the front of it before the market opens.
While the long term future may be bright, IMO the short term has nothing but red attached to it.
I will revisit this stock after the ann.... Wangle has successfully launched......
Skorz
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Ann: Shareholder Letter from the Chairman-WGL.AX, page-74
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