Given WEC have over $32 Million in debt fully drawn down and a cash balance of only $1.4 Million, i personally cannot see any other option but for the administrators ?......
This appears to be a serious situation now, the stock IMO will easily drop into the 1 cent range which i believe will indicate the end is nigh...?
...
This is such a sad situation, and i do feel sorry for management and Long Term holders.. ...
High Court of Australia - SICC - Indonesia, page-4
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Last
4.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.556M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 35748 | 2.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.0¢ | 11795 | 1 |
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| Last trade - 16.12pm 19/07/2024 (20 minute delay) ? |
| WEC (ASX) Chart |
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