the decimation of this company is beyond a joke. granted the margins have been squeezed but at least half of the down grade is because the revenue is going to land in fy17. it doesn't justify the valuation going from $1.40 to 38c. Either the company is fcked or the market has lost it mind. Expect a sharp recovery imo once they say business as usual in the 1st qtr fy17. the increased volume which is a massive increase should more than account for the margins.
WLD Price at posting:
38.5¢ Sentiment: Buy Disclosure: Held
