WEC 16.7% 4.0¢ white energy company limited

dog of 2012, page-15

  1. 26,699 Posts.
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    Sorry flyshlin in the delay in getting back to you.

    if you bring up the 2nd March annc for WEC, it lists WEC being removed from one of the ASX Indexes, as a result funds/instos will be selling WEC stock until that date, 16th March (today), hence the reason for the last 2 weeks of selling pressure on the shareprice.

    However, it hit double bottom yesterday on the chart at 35c and would expect some sort of short cover rally next week.

    trading at cash backing here. (as most would know)
 
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