movement at the station, page-18

michaelgd,

Although "it had escaped your mind", but in fact it was a quite old story, the market already digested 2 weeks. IMF is barking everywhere,not oly for WDS, our previous SH sold down the SP, then wanna claim back some loss? No basis. If you check all of the WDS announcements, you will find the compnay always use"depend on the market"-we all see what happend in the markets in last 2 month.

Mr market also doesnot believe the IMF case can go forward. Some sellers scared, then there comes smart buyers who hold their bid tightly at 40c.

Current MC just equals equipment value minus net debt=56 million. No value for jobs in hand $260 million, no value for oncoming new contracts and integible asset 70million.

Accmulation happened in last two weeks, after the buyer acquired 2-3 million shares at cheap price 40c, they will start to buy out 42c--45c next week.